Etiqueta: Hong Kong

BYD might be halting its planned $1 billion investment in its passenger car plant in Turkey, according to industry sources and a recent parliamentary review of the project.

China will ban hidden door handles on cars, commonly used on Tesla's electric vehicles and many other EV models, starting next year, due to safety concerns.

Updating a core model like the Song is one way BYD is trying to steady volumes at home.

Company’s share price drops 18% on news of unexpectedly sharp decline.

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

The latest investor updates on stocks that are trending on Monday.

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.…

The latest investor updates on stocks that are trending on Monday.

Chinese automakers BYD and Xpeng saw a decline in stock values on the Hong Kong exchange due to lower January 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,