BYD's 7th Car Carrier Launched
China's BYD to Set up European HQ and R&D Base in Hungary
The Autos stocks are performing well, with BYD Company Limited (01211) rising by 3%. Institutions indicate that the Industry is expected to experience a resonance of internal and external demand.
Jinwu Finance | Automotive stocks are performing well, with BYD Company (01211) rising by 3%, Geely Automobile (00175) up by 2.39%, Great Wall Motor (02333) increasing by 2.31%, Li Auto (02015) going up by 1.37%, and BRILLIANCE CHI (01114) gaining 1.36%. According to Statistics analysis by the China Association of Automobile Manufacturers, from January to April 2025, the top ten passenger vehicle manufacturers sold a total of 2.502 million vehicles, accounting for 68.7% of the total passenger vehicle sales. Among these ten companies, compared to the same period last year, BYD Company, Geely Automobile, SAIC-GM-Wuling, and ZHONG.
Hong Kong stock movement | BYD Company (01211) rises over 3%, stock price continues to hit a new high since listing, and long-term profitability levels are expected to continue to improve.
BYD Company (01211) rose over 3%, reaching a high of 448.6 HKD, continuously setting new highs since its listing. As of the time of publication, it has increased by 3.14%, priced at 447.4 HKD, with a transaction amount of 3.637 billion HKD.
Hong Kong stocks have shown unusual movements丨Autos stocks rose collectively, LEAPMOTOR surged over 5% after earnings, and BYD reached a new high.
On May 20, Gelonghui reported that Hong Kong's automotive stocks rose collectively, with LEAPMOTOR rising more than 5% at one point. BYD, Ideal Auto, and Geely Auto surged over 2%, with BYD hitting a historic high yet again. XPeng Motors, BRILLIANCE CHI, Great Wall Motor, and Peking Automotive also followed suit. According to news, Cui Dongshu, the secretary-general of the Passenger Car Association, stated in a publication that from January to April 2025, automobile production reached 10.12 million units, an 11% year-on-year increase. New energy vehicle production was 4.4 million units, up 44%, with a penetration rate of 43%. In the same period, the production of RBOB Gasoline vehicles was 5.72 million units, down 5%. The added value of the automotive industry increased by 9.2% in April 2025, from January to April.
Gelonghui, May 20 | Shanghai Ganglian E-Commerce Holdings released data showing that today the price of battery-grade lithium carbonate (morning session) decreased by 500 yuan compared to the previous day, with an average price reported at 63,350 yuan/ton
Gelonghui, May 20 | Shanghai Ganglian E-Commerce Holdings released data showing that today the price of battery-grade lithium carbonate (morning session) decreased by 500 yuan compared to the previous day, with an average price reported at 63,350 yuan/ton.
