News

China auto shares sink after BYD offers trade-in incentives
SHANGHAI (Reuters) -Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD ...
China’s Wang Chuanfu Loses $1.8 Billion As Investors Fear EV Price War
Wang Chuanfu, the billionaire cofounder of Chinese electric vehicle giant BYD, saw his wealth drop by $1.8 billion in a ...
Business Recorder12h
China, HK stocks slip as auto sector drops amid heightened scrutiny
China’s blue-chip CSI300 Index dropped 0.6% by the lunch break, while the Shanghai Composite Index lost 0.3%. Hong Kong ...
BYD hits record high in Hong Kong as Citi lifts target and EV outlook brightens
Strategists at UBS AG noted that while the overall valuation gap between mainland and Hong Kong markets is expected to ...
Devdiscourse1d
Automobile Price Wars and Tariff Talks Shake China-Hong Kong Markets
China's and Hong Kong's stock markets experienced a downturn, influenced by automobile stocks plunging amid price war ...
Chinese hydrogen-powered drone maker HiTS eyes Hong Kong for research, overseas sales
Company also aiming for a Hong Kong listing in one to two years, chief financial officer says HiTS (Shanghai) Hydrogen Power ...
Investor's Business Daily on MSN3d
Tesla Vs. BYD: TSLA Sets Up New Buy Point While Rival Keeps Running
Tesla stock is down in 2025, but has rebounded on robotaxi hopes, clearing a highly aggressive entry on May 9 and now setting ...