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BRIEF-Beiqi Foton Motor plans Hong Kong unit, financial leasing firm
January 22, 2015 / 8:02 AM / in 3 years

BRIEF-Beiqi Foton Motor plans Hong Kong unit, financial leasing firm

Jan 22 (Reuters) - Beiqi Foton Motor Co Ltd

* Says board agrees to invest $5 million in setting up unit in Hong Kong

* Says board agrees Hong Kong unit to invest 200 million yuan ($32.21 million) in setting up financial leasing firm in Shandong province

Source text in Chinese: bit.ly/1un3Ksi

Further company coverage: ($1 = 6.2089 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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