Etiqueta: Hong Kong
BYD leads Chinese automaker selloff on weakening sales
HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into a prolonged slowdown as demand softens at home
Trending tickers: Oracle, Disney, BYD, AstraZeneca and Endeavour Mining
The latest investor updates on stocks that are trending on Monday.
BYD Shares Tumble to New 16-Month Low as January Sales Slump
Shenzhen-listed shares of BYD Group fell over 4.2% on Monday, closing at 87.05 yuan — the lowest price in 16 months — a day after the company reported its weakest sales figures in nearly two years.…
Trending tickers: Oracle, Disney, BYD and Endeavour Mining
The latest investor updates on stocks that are trending on Monday.
BYD, Xpeng Lead Chinese EV Stock Selloff Amid Poor January Sales
Chinese automakers BYD and Xpeng saw a decline in stock values on the Hong Kong exchange due to lower January sales.
Chinese carmaker BYD’s shares slump on weakening sales
HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday after the electric vehicle (EV) maker reported a 30% drop in its car sales in January, the biggest in nearly two years. BYD's Hong Kong-listed shares dropped 7.8% to HK$90.10, the lowest since February 3, 2025, and were poised for their worst daily performance in May 26, 2025. In Shenzhen,
BYD Leads China EV Selloff After Weak January Sales Figures
BYD Co. led a selloff of Chinese electric vehicle makers in Hong Kong Monday, after soft January sales figures signaled demand is cooling in the world’s biggest auto market.
BYD Hong Kong shares sink to 5-week low on weak January...
HONG KONG, Feb 2 (Reuters) - Hong Kong shares of BYD Co Ltd fell 5.1% early on Monday after the vehicle maker posted its fifth straight month of decline in monthly sales. The stock fell to HK$92.75, the lowest since December 24. BYD's vehicle sales dropped by 30.1% in January year-on-year as the Chinese electric vehicle maker navigates external uncertainties and tough competition at home. (
China’s BYD vehicle sales fall for fifth month in a row
BEIJING/HONG KONG, Feb 1 () - BYD's vehicle sales fell by 30.1% in January from a year earlier, the fifth straight month of decline, as the Chinese electric vehicle maker navigates external uncertainties and stiff competition at home.
China Builds World’s Largest Car Carrier Ship Capable Of Transporting 10,000...
A Chinese shipbuilding company built the world's largest car carrier as Chinese automakers are expanding exports to other markets.
