Etiqueta: Hong Kong

Mainland China's billionaires have tightened their grip as Asia-Pacific's wealthiest after their combined fortunes swelled to nearly US$1.8 trillion, with electric-vehicle (EV) maker BYD's founder Wang Chuanfu and bubble tea chain Mixue's bosses among the biggest drivers of that growth, according to a UBS report. Backed by a booming tech sector and surging asset prices, the wealth of mainland China's billionaires jumped 22.2 per cent year on year to US$1.77 trillion in the 12 months to early Apr

The combined wealth of mainland China’s billionaires soars 22 per cent to US$1.77 trillion; Hong Kong’s ultra-rich population rises.

As China's EV war intensifies, BYD's global surge sets a brutal new benchmark for rivals to match.

Investors propelled BYD's stock higher by as much as 4% today following the release of the Chinese automaker's November sales figures. The market's enthusias

BYD Co. shares rose in Hong Kong as strong exports helped its monthly sales beat Citigroup Inc. estimates. In a mixed showing for Chinese electric vehicle stocks, Nio Inc. and Xpeng Inc. declined on disappointing deliveries.

The Chinese electric vehicle titan, BYD, is concluding the year with a complex narrative. Despite facing disappointing November sales figures and a significa

Chinese automaker BYD is due to remotely update nearly 90,000 plug-in hybrid vehicles in China over a battery pack issue, Bloomberg reported Monday. Chinese authorities on Friday said the Qin Plus...

BYD's stock is experiencing significant downward pressure following the announcement of an immediate recall affecting nearly 90,000 vehicles due to critical

The Chinese electric vehicle titan BYD is currently navigating two significant crises simultaneously. A substantial vehicle recall due to quality control fai

Chinese electric vehicle manufacturer BYD is experiencing significant selling pressure as reports surface of potential inclusion on a U.S. defense blacklist.