Market Chatter: BAIC-Hyundai Joint Venture Denies Layoff Reports; Hyundai Motor's Shares Down 4%

MT Newswires Live

2024/10/01

A joint venture of Chinese automobile company BAIC Motor (HKG:1958) and South Korea's Hyundai Motor (KRX:005380) denied a report that it is planning to lay off employees in batches, Yicai Global reported Sept. 30.

Beijing Hyundai Motor responded after sources said in a report that the joint venture plans to cut about 30% of its employees, laying them off in two batches, according to the report.

The carmaker said it is conducting standard personnel adjustments as part of its annual employee appraisal procedures based on business performance. The company is also looking to hire more than 100 workers during the year, Yicai added.

Hyundai Motor's shares dropped more than 4% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $244000.00, Change: $-11000, Percent Change: -4.13%

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2472392562"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2472392562\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2472392562?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-01 11:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2472392562","market":"sh","top_or_hot":-1,"title":"Market Chatter: BAIC-Hyundai Joint Venture Denies Layoff Reports; Hyundai Motor's Shares Down 4%","media":"MT Newswires Live","content":"<html><body><p> A joint venture of Chinese automobile company BAIC Motor (HKG:1958) and South Korea's Hyundai Motor (KRX:005380) denied a report that it is planning to lay off employees in batches, Yicai Global reported Sept. 30.</p><p>Beijing Hyundai Motor responded after sources said in a report that the joint venture plans to cut about 30% of its employees, laying them off in two batches, according to the report.</p><p>The carmaker said it is conducting standard personnel adjustments as part of its annual employee appraisal procedures based on business performance. The company is also looking to hire more than 100 workers during the year, Yicai added.</p><p>Hyundai Motor's shares dropped more than 4% in recent trade.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (HKD): $244000.00, Change: $-11000, Percent Change: -4.13%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: BAIC-Hyundai Joint Venture Denies Layoff Reports; Hyundai Motor's Shares Down 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: BAIC-Hyundai Joint Venture Denies Layoff Reports; Hyundai Motor's Shares Down 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-10-01 11:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> A joint venture of Chinese automobile company BAIC Motor (HKG:1958) and South Korea's Hyundai Motor (KRX:005380) denied a report that it is planning to lay off employees in batches, Yicai Global reported Sept. 30.</p><p>Beijing Hyundai Motor responded after sources said in a report that the joint venture plans to cut about 30% of its employees, laying them off in two batches, according to the report.</p><p>The carmaker said it is conducting standard personnel adjustments as part of its annual employee appraisal procedures based on business performance. The company is also looking to hire more than 100 workers during the year, Yicai added.</p><p>Hyundai Motor's shares dropped more than 4% in recent trade.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (HKD): $244000.00, Change: $-11000, Percent Change: -4.13%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HKD","symbol_name":"尚乘数科","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2472392562","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472392562","pubTimestamp":1727753709,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"A joint venture of Chinese automobile company BAIC Motor  and South Korea's Hyundai Motor  denied a report that it is planning to lay off employees in batches, Yicai Global reported Sept. 30.Beijing Hyundai Motor responded after sources said in a report that the joint venture plans to cut about 30% of its employees, laying them off in two batches, according to the report.The carmaker said it is conducting standard personnel adjustments as part of its annual employee appraisal procedures based on business performance. The company is also looking to hire more than 100 workers during the year, Yicai added.Hyundai Motor's shares dropped more than 4% in recent trade.Price : $244000.00, Change: $-11000, Percent Change: -4.13%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HKD":"尚乘数科","01958":"北京汽车","BK1119":"汽车制造商","BK4526":"热门中概股","BK4185":"保健护理机构","BK4588":"碎股","BK4023":"应用软件","BK4585":"ETF&股票定投概念","JYNT":"The Joint Corp.","BK1539":"汽车股"},"translate_title":"市场热议：北汽现代合资公司否认裁员报道；现代汽车股价下跌4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01958":0.9,"HKD":1,"JYNT":1},"content_text":"A joint venture of Chinese automobile company BAIC Motor (HKG:1958) and South Korea's Hyundai Motor (KRX:005380) denied a report that it is planning to lay off employees in batches, Yicai Global reported Sept. 30.Beijing Hyundai Motor responded after sources said in a report that the joint venture plans to cut about 30% of its employees, laying them off in two batches, according to the report.The carmaker said it is conducting standard personnel adjustments as part of its annual employee appraisal procedures based on business performance. The company is also looking to hire more than 100 workers during the year, Yicai added.Hyundai Motor's shares dropped more than 4% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price (HKD): $244000.00, Change: $-11000, Percent Change: -4.13%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}