Xiaomi in Talks With BAIC to Reach Goal of Making Cars.

Keywords: 1810@HK; 1958@HK; 600733@CH; BSOAOZ@CH; LI; ALLTOP; ALTNRG; ASIA; ASIATOP; AUTOMOTIVE; BUSINESS; CHINA; CMD; CONS; CONSD; COS; HAR; HK; INDUSTRIAL; INDUSTRIES; MARKETS; NRG; STK; TEC; TECHTOP; TECSVC; TLS; TMT; TOP; TRN; TRNTOP; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 1810@HK 1958@HK 600733@CH BSOAOZ@CH LI ALLTOP ALTNRG ASIA ASIATOP AUTOMOTIVE BUSINESS CHINA CMD CONS CONSD COS HAR HK INDUSTRIAL INDUSTRIES MARKETS NRG STK TEC TECHTOP TECSVC TLS TMT TOP TRN TRNTOP WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU RH7J1MT0AFB4 The two giants are exploring different options including Xiaomi buying a stake in Beijing Hyundai No. 2 plant, which is fully licensed to make cars in China, the people said, asking not to be named discussing a private matter. Xiaomi shares in Hong Kong erased losses of as much as 0.7% and traded up to 3.3% higher, while BAIC BluePark's shares in Shanghai jumped as much as 8.8%, following the Bloomberg News report. [Extracted from the article]

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