Wall Motors: Asian Markets and Hong Kong

wall motors: It had previously forecast that sales would be flat this year, after they dropped 2.8% in 2018 the first decline in nearly three decades, according to CNN. Here are some of the other big moves on Asian markets at 10 30 a.m. in Hong Kong today. BAIC sank 4.2% in Hong Kong, while Great Wall Motors GWLLF lost 1.4% and BYD BYDDF and Geely GELYF both dropped 1.3%. The China Association of Automobile Manufacturers said on Thursday it expected car sales to fall 5% in 2019. Shares in Natural Food International, China's second largest health food producer, soared as much as 35% in Hong Kong after the company said Pepsi PEP would spend 131 million buying a 26% stake in the company. Pork prices have been soaring due to a devastating outbreak of African swine fever. Natural Food International said it was Pepsi's first strategic investment in China.WH Group WHGLY the world's largest pork processing company, was the top gainer in Hong Kong, surging more than 4%. It was boosted by an announcement from the government of Guangdong, one of China's largest pig producing provinces, unveiling 10 new measures to boost the supply of live pigs. (news.financializer.com). As reported in the news.