Phate Zhang

The Denza Z9GT had an average sales price of RMB 380,000 ($51,950), while the Fang Cheng Bao brand had an average sales price of RMB 332,000 in December.

The new headquarters building will allow for a threefold increase in office space and a four-level underground garage.

The Sealion 07 has been rebranded in India as the Sealion 7. BYD also showcased the Sealion 6 and the Yangwang U8 in India.

A Nio executive quoted the report's authors as saying it was their internal sharing of their recognition of the Nio brand and the battery swap model.

China's auto market is expected to continue to show seasonality at the start of the year, with overall passenger car retail sales expected to be around 1.75 million units, down 33.6 percent from the previous month.

Li Auto opened an R&D center in Munich, Germany, which it said is the first step in its global R&D strategy.

The Han L and Tang L are new flagship models in BYD's Dynasty lineup, targeting the premium market with prices in the RMB 300,000 ($40,930) class.

BYD Shenzhen completed its undocking and is the world's largest ro-ro ship to date, with a capacity of 9,200 vehicles.

BAIC's EV unit Arcfox has plugged into Nio's charging network, becoming the 16th brand to do so.

ETFs tracking the Hang Seng Index currently stand at about $27.53 billion, according to CICC.