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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Huarong Securities Co., Ltd
Provider: Wright Reports

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SAIC Motor to set up joint venture

Wednesday, 13 Aug 2014 08:00pm EDT 

SAIC Motor Corp Ltd:To set up a joint venture in Shanghai, with a Shanghai-based development company.The joint venture capitalized at 800 million yuan will be engaged in investment and asset management.The company will hold 70 pct stake in the joint venture.