PRE-MARKET CHINESE STOCKS NEWS: Meituan (3690 HK) Q1 (CNY) adj. net -4.97bln (exp. -6.83bln), rev. 91.0bln (exp. 90.8bln)

BYD Co. (1211 HK) - Co. May vehicle sales were 383.5k units, vs 382.5k Y/Y and 314.1k M/M, while YTD vehicle sales fell 20% Y/Y to 1.41mln units. (Newswires)

Chery Automobile (9973 HK) - Co. May total vehicle sales rose 20.7% Y/Y to 231.9k units. (Newswires)

Great Wall Motor (601633 CH) - Co. May vehicle unit sales were 100.4k units vs 102.2k Y/Y. (Newswires)

Li Ning Co. (2331 HK) - NBA's Stephen Curry signed a 10-year endorsement agreement with the Co. (Newswires)

Meituan (3690 HK) - Co. Q1 (CNY) adj. net -4.97bln (exp. -6.83bln), rev. 91.0bln (exp. 90.8bln). (Dow Jones Newsplus)

SAIC Motor (600104 CH) - Co. is planning to manufacture MG vehicles at a factory in Spain, and May vehicle unit sales were 349.0k units vs 365.9k Y/Y. (Newswires)

Seres Group (601127 CH) - Co. May total vehicle sales fell 17.4% Y/Y to 36.5k units, while total vehicle production fell 18.3% Y/Y to 36.6k units. (Newswires)

Property

China home sales in the largest cities are recovering, according to May data, while second-hand home sales in Beijing improved and China allocated more special bonds for construction projects. (Newswires)