Etiqueta: Hong Kong

Hong Kong-listed EV titans BYD Co. Limited ($HK:1211) and its rival XPeng ($HK:9868) are celebrating their record sales in October. Last month’s sales were fueled b...

China’s top legislative body could deliver a much-awaited fiscal stimulus this week, while the Fed is seen extending its monetary easing.

Denza said it has completed five showrooms in key areas of Thailand and will reach 10 sales outlets within the year.

(Bloomberg) -- BYD Co. kicked off the final quarter of the year with record monthly sales, continuing its strong performance in what is typically a peak season for auto purchases in China.Most Read from BloombergIs Denver’s Big Bet on E-Bikes Paying Off?The Answer To Making Cities More Family-Friendly? CourtyardsChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundThe man

BYD Company Limited (OTCMKTS:BYDDF - Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 1,162,900 shares, a decrease of 25.3% from the September 15th total of 1,556,900 shares. Based on an average trading volume of 140,100 shares, the days-to-cover ratio is presently 8.3 days.

In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition

Chinese electric vehicle (EV) builder Xpeng will begin exporting its cars to Qatar as it steps up a global expansion effort amid crushing competition in the mainland China market. The Guangzhou-based company signed an agreement with distributor Pioneer Motors on September 10, taking an initial step towards tapping consumer demand for premium electric cars in the Middle Eastern nation, according to a statement. By the end of the year, drivers in Qatar will have the chance to buy several fully-ele

The rising number of prosecutions tied to money laundering forces China to revisit its AML law, while Hong Kong eyes new licensing regime for the responsible development of the digital asset industry.

Sime Darby, No. 25 on the Fortune Southeast Asia 500, is working with BYD to sell EVs in Singapore and Malaysia.

There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.