Etiqueta: Xiaomi

(Bloomberg) -- Hong Kong’s two biggest stock offerings since 2021 came this month after a pair of electric-vehicle makers took advantage of one of the world’s biggest market rallies.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at the

Hang Seng Index opened higher today, gaining 59 points or 0.25%, to reach 23,749 points. The National Enterprises Index rose by 28 points or 0.32%, settling at 8,770 points, while the Technology Index increased by 25 points or 0.44%, to stand at 5,664 points.

China's biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and Mercedes-Benz in the luxury segment as competition in the world's largest auto market intensifies. The Denza unit on Friday unveiled the six-seat SUV called Denza N9, priced at 389,800 (US$60,860) to 449,800 yuan, which is available in plug-in hybrid and pure-battery versions. Denza also sells D9 MPV, which was rolled out in 2022 and priced from 339,800 yuan. The SUV will

The N9 starts from 389,800 (US$60,860), equipped with BYD’s autonomous driving systems and can support on-vehicle drone systems.

Tesla's competitors in China disclosed a slew of updates on Tuesday, once again signaling that competition on the mainland is fierce for the EV juggernaut and the Chinese upstarts.

Stock futures edged down, with futures tied to the S&P 500, the Nasdaq 100 and the Dow Jones Industrial Average all pointing to a slightly lower open.