BAIC Motor (1958.HK) fell 2.25% in Hong Kong trading to a record low of HK$0.87. The company had previously issued a profit warning, forecasting a net loss of approximately 1.55 billion to 1.65 billion yuan for the first half of 2026, compared with a profit in the year-ago period, due to intense competition in China's auto industry, lower-than-expected sales volumes, rising raw material costs and higher marketing spending.