Etiqueta: NIO

BYD shares jump 7.8% in Hong Kong on 100,000 export orders from Mexico and Argentina, boosting confidence in overseas growth

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Hong Kong-listed shares of BYD Co. Ltd. surged following a reported overseas sales boost in South America. The automaker’s shares listed on the Hong Kong stock exchange surged 8.3%, the most in more than a year, after reports emerged that the automaker’s facility in Brazil received an order of 100,000 units from Mexico and Argentina, Bloomberg reported on Monday, citing local Chinese media news. Hong Kong-listed shares of BYD’s fellow Chinese automakers, like Nio Inc. and Xiaomi Corp, also recor

BYD Co. shares surged Monday, leading Chinese electric-vehicle stocks higher, with investor sentiment boosted by signs of an improving overseas sales outlook.

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