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BRIEF-SAIC Motor Expects 2017 Net Profit At About 34.2 Billion Yuan, Up About 7 Percent Y/Y

Jan 18 (Reuters) - SAIC Motor Corp Ltd:

* SAYS IT EXPECTS 2017 NET PROFIT AT ABOUT 34.2 BILLION YUAN ($5.32 billion), UP ABOUT 7 PERCENT Y/Y Source text in Chinese: bit.ly/2mRMFvS Further company coverage: ($1 = 6.4340 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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