Etiqueta: US

Hong Kong stocks watchful amid growing expectations of support after China’s central bank on Monday unexpectedly cut both the near-term policy rate and the loan prime rate.

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...

China’s leading EV maker, BYD, is making strides in another key EV market with the launch of its M6, the...

A former Baidu smart driving tech veteran has joined BYD to head up end-to-end large model algorithm development, according to local media.

Under Hong Kong Stock Exchange rules, when an organization's shareholding in a Hong Kong-listed company drops to less than 5 percent, it can no longer continue to disclose its holdings.

The M6 is the first MPV model launched by BYD in the Indonesian market and the first all-electric MPV in the local market.

Aside from easing local content rules, the government's EV investment scheme compels foreign makers to make good on their promise to build local factories, a senior official says.

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 ...

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