Etiqueta: Hong Kong

Chery joins the barrage of Chinese firms going public in Hong Kong, where listing proceeds have soared to a four-year high. Read more at straitstimes.com. Read more at straitstimes.com.

It is not often that you see BYD (SEHK:1211) moving in a way that makes both bulls and bears pause. That is precisely what is happening now. Investors on all sides are taking a closer look at today's moves, trying to decipher if something is stirring beneath the surface or if this is simply another chapter in the company’s ongoing story. Zooming out over the past year, BYD’s stock has seen significant ups and downs. While the past month has seen some declines, the momentum has shifted...

The lidar maker is expanding its role in autonomous driving as it secures exclusive supply rights for a U.S. robotaxi fleet and strengthens its position in Hong Kong amid delisting risks in the U.S.

BYD just got slammed with a $45 billion market wipeout, and it’s not looking like the bleeding’s over. The company’s stock on the Hong Kong exchange has

One of China’s most famous electric vehicle makers, BYD Co., has seen its stock tumble in dramatic fashion. In just four months, the company’s Hong

At the same time, rivals including Geely Automobile Holdings Ltd. and Zhejiang Leapmotor Technology Co. are gaining ground. “While I believe investors retain a positive long-term view, there is a real concern around BYD’s aggressive ‘market share gain by pricing pressure’ strategy in the anti-involution context,” said Kevin Net, head of Asian equities at Financiere de L Echiquier.

China's BYD said on Monday it would actively respond to an industry initiative that fleshes out rules on automakers making timely payments to suppliers, joining others in complying with a government call against price wars. The Chinese electric vehicle giant said it will focus on order confirmation, delivery and acceptance, payment and settlement, and contract duration among other key links in ensuring timely payments. The statement and similar pledges by major Chinese automakers including SAIC Motor, Changan, Chery and Xiaomi followed an initiative by China's Association of Automobile Manufacturers earlier in the day.

The company’s profit slid for the first time in more than three years, delivery targets were cut, and rivals like Geely and Leapmotor are winning share as Beijing cracks down on price wars.

BYD is under pressure to rebuild investor confidence after a $45 billion stock selloff wiped more than 30% off its Hong Kong shares in just four months, the steepest underperformance among peers. Analyst sell ratings are at their highest since 2022, reflecting skepticism over the Chinese EV maker’s strategy of leading the industry in deep discounts...

Analysts believe that the next major trigger for BYD will be the launch of its new models in the first quarter of 2026. Some of its upcoming launches were postponed to next year, to make the new vehicles more competitive with its rivals.