Trade BAIC Motor Corporation Limited - 1958 CFD

Trading Conditions
Spread0.05
Long position overnight fee
Long position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
-0.022639 %
(-HK$0.91)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


-0.022639%
Short position overnight fee
Short position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
0.000721 %
(HK$0.03)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


0.000721%
Overnight fee time21:00 (UTC)
CurrencyHKD
Min traded quantity1
Margin20
Stock exchangeHong Kong
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close2.25
Open2.26
1-Year Change4.15%
Day's Range2.2 - 2.26

BAIC Motor Company profile

About BAIC Motor Corp Ltd

BAIC Motor Corporation Limited is principally engaged in the manufacture and sales of passenger vehicles, engines and auto parts in the People’s Republic of China (the PRC). The Company operates its business through two segments. The Passenger Vehicles of Beijing Motor segment is engaged in the manufacture and sales of passenger vehicles BAIC brands and the provision of other related services. The Passenger Vehicles of Beijing Benz Automotive Co., Ltd. (Beijing Benz) segment is principally engaged in the manufacture and sales of Beijing Benz brand and the provision of related services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, BAIC Motor Corp Ltd revenues decreased 1% to RMB175.92B. Net income applicable to common stockholders increased from RMB1.92B to RMB3.86B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Share of (loss)/profit of investments decrease of 45% to RMB1.1B (expense).