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CHINA: Hyundai to set up finance company

Hyundai is waiting for government approval to set up a wholly-owned auto finance company China, reported the Shanghai Securities News.

February 7, 2006

Hyundai is waiting for government approval to set up a wholly-owned auto finance company China, reported the Shanghai Securities News.

Hyundai would invest 198m yuan.

The company would start operations in August 2006.

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CHINA: Hyundai to set up finance company