Etiqueta: Hong Kong

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.

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. (

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.

A Chinese shipbuilding company built the world's largest car carrier as Chinese automakers are expanding exports to other markets.

The Chinese electric vehicle giant BYD is accelerating its international growth strategy, applying significant competitive pressure across multiple continent

BYD (SEHK:1211) has drawn fresh attention after shipping more than 5,800 electric and hybrid vehicles to Argentina, a move enabled by the country’s new tariff free quota for imported electric cars. See our latest analysis for BYD. Investors have been weighing this export push alongside a mixed price pattern, with a 5.65% 1 month share price return but a 4.67% decline over 3 months, while the 1 year total shareholder return of 8.62% and 3 year total shareholder return of 35.38% point to...

After beating Tesla in the number of electric vehicles sold, BYD has another big business that investors have yet to fully appreciate, according to Bernstein.

Chinese EV Stocks Rally After Europe Floats Minimum Price Plan

BYD Inc. and other Chinese electric vehicle makers rose Tuesday after the European Commission said it’s considering a minimum price system to replace import tariffs, a move that would bode well for the manufacturers’ product margins and sales growth.

BYD is now the world’s top EV seller, but valuation, margins, and slowing growth suggest the crown comes with risks.