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Hong Kong stocks drift eyeing more China policy support; BYD slips as Buffett cuts stake

Hong Kong stocks drift eyeing more China policy support; BYD slips...

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Hong Kong stocks meandered as investors sought clarity on Beijing’s policy support after the Third Plenum expressed confidence in meeting development and growth targets by year-end, with several ministries due to release their own interpretations which would disclose more details. The Hang Seng Index was virtually unchanged at 17,622.02 at 10.50am local time. The Hang Seng Tech Index slid 1 per cent and the Shanghai Composite Index retreated 0.4...
Tesla Rival BYD Strengthens Smart Driving Tech With Former Baidu Executive: Report - BYD (OTC:BYDDY)

Tesla Rival BYD Strengthens Smart Driving Tech With Former Baidu Executive:...

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BYD Company reportedly hired former Baidu executive Zhou Peng to lead its driver assistance technology development. Peng will focus on creating end-to-end large model planning and control algorithms, bringing experience from Baidu's smart driving unit and Baidu-backed EV maker Jiyue.
Why BYD is a nightmare for Toyota, Tesla, Hyundai and Ford as the BYD Shark plug-in hybrid ute and BYD Seal electric car spearhead its sales grow | Opinion - Car News

Why BYD is a nightmare for Toyota, Tesla, Hyundai and Ford...

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“China has yet to create a single international marquee of its own that is universally recognised and respected. It is time for Chinese carmakers to upend the order of the global automotive industry and chart a course into a new vast territory.”
Envestnet Portfolio Solutions Inc. Invests $222,000 in Boyd Gaming Co. (NYSE:BYD)

Envestnet Portfolio Solutions Inc. Invests $222,000 in Boyd Gaming Co. (NYSE:BYD)

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Envestnet Portfolio Solutions Inc. bought a new stake in shares of Boyd Gaming Co. (NYSE:BYD – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,305 shares of the company’s stock, valued at approximately $222,000. Several other hedge funds have also bought […]
New Zeekr 009 received 2000 orders three days after the launch

New Zeekr 009 received 2000 orders three days after the launch

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The new Zeekr 009 minivan from Geely received 2,000 orders three days after the launch, the CarFans automotive survey agency reports.

The post New Zeekr 009 received 2000 orders three days after the launch appeared first on CarNewsChina.com.

Thai Investigation into BYD EV Discounts Proceeds Despite Cash-Back Offer - Times of India

Thai Investigation into BYD EV Discounts Proceeds Despite Cash-Back Offer –...

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Cars News: Despite these measures, Thailand's Consumer Protection Board will proceed with its investigation, having received over 100 new complaints, senior agen
Berkshire trims BYD stake to under 5pc

Berkshire trims BYD stake to under 5pc

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Reuters and staff reporter Warren Buffett's Berkshire Hathaway has further cut its stake in BYD (1211) to less than 5 percent. Berkshire sold nearly 1.4 million Hong Kong-listed BYD shares for HK$345 ...
Türkiye eyes becoming R&D center for automakers - Latest News

Türkiye eyes becoming R&D center for automakers – Latest News

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Türkiye that has a well-developed automotive industry aims to position itself as a center of R&D for automakers, especially for Chinese companies.
Uruguay EV Sales Report June: BYD Dominates, Unreal Growth Brings BEV Market Share to 15%!  - CleanTechnica

Uruguay EV Sales Report June: BYD Dominates, Unreal Growth Brings BEV...

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Uruguay EV Sales Report June: BYD Dominates, Unreal Growth Brings BEV Market Share to 15%!