Etiqueta: Report

BYD's Strategic Expansion into Malaysia: A Catalyst for Growth in Southeast Asia's EV Market

EV sales remain strong in China. But a brutal price war in pushing down profitability.

The performance was driven by sub-brands Onvo and Firefly, both of which hit fresh delivery peaks.

The latest investor updates on stocks that are trending on Monday

BYD’s shares were sharply lower after the Chinese electric-vehicle maker reported weaker than expected earnings as well as a narrower profit margin. Its Hong Kong-listed shares fell 5.6% to 108.00 Hong Kong dollars early Monday, equivalent to $13.85, in early trade Monday, even while the benchmark Hang Seng Index rose 2.0%. BYD’s Shenzhen-lis...

BYD saw a 6% drop in HK-listed shares after reporting a 30% decline in net profit at Q2 earnings call. Sales surged in Europe and India.

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

The milestone comes as Indian Prime Minister revisits China amid hopes for thawing Sino-Indian relations.

China's XPeng, Xiaomi, Nio and Li Auto are on tap Monday, with giant BYD due Sept. 1-2.

Tesla is no longer the world’s top EV seller. A Chinese rival has surged ahead with futuristic cars, eye-watering sales, and global ambitions backed by billions in state support. Yet beneath the glossy image lie hidden debts, recalls, and growing international scrutiny.