Etiqueta: Hong Kong

Chinese automaker BYD has launched its new Atto 2 electric SUV in the UK, challenging premium competitors like Volvo with a highly competitive starting price and a strong list of standard features.

The new electric SUV officially went on sale in the UK on Tuesday. BYD revealed Atto 2 prices will start...

Meituan’s arrival is likely to transform the delivery industry — which has already seen the unlikely partnership between rivals Uber and iFood.

Audi AG's new China-only sub-brand, which drops its famous four rings in favor of a "lettermark" badge, is drawing both praise and skepticism after opening pre-sales of its first model last week.

Byd Co., Ltd. (OTCMKTS:BYDDY - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,981,500 shares, anincreaseof4,486.8% from the July 15th total of 43,200 shares. Currently,0.0% of the company's shares are sold short. Based on an average trading volume of 4,716,800 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 4,716,800 shares, the short-interest ratio is presently 0.4 days. Currently,0.0% of the company's shares are sold short.

The company’s market share in China surpassed 10% for the first time in the first half of this year, only 4% behind the country’s top seller of automobiles, BYD.

Automobile sales revenue marginally outperformed expectations, yet the overall average selling price of cars continues to decline year - on - year.

The Yuan Up has been renamed Atto 2 in Hong Kong, with a starting price of 155,000 Hong Kong dollars ($19,750).

Geely Automobile Holdings Ltd.’s first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider Chinese auto industry faces regulatory scrutiny over a long-running price war.

Chinese brands are making major inroads in the Southeast Asian city-state as they shed their image as cheap knockoffs.