BYD
BYD gets optimistic analyst ratings after stellar October sales performance
As of press time, BYD was up about 7 percent to RMB 325.08 in Shenzhen with a turnover exceeding RMB 10 billion yuan.
BYD Han sold 11,087 units in Oct, up 47% from a year earlier
BYD Han's cumulative sales have reached 131,679 units since deliveries began in July last year.
BYD sold 81,040 NEVs in Oct, up 249% from a year earlier
From January to October, BYD's NEV sales were 418,600 units, up 212 percent from the same period last year.
BYD says it has 9,963 orders for its Dolphin model in Oct
Dolphin, the first model of BYD's e platform 3.0 as well as the Ocean series, sold 3,000 units in September.
BYD aims to raise $1.77 billion by issuing 50 million additional shares in Hong Kong
BYD's offering price offers a discount of about 7 percent to Friday's closing price.
BYD's Q3 revenue up 22% year-on-year to $8.49 billion, net profit down 27.5%
BYD's revenue growth in the third quarter was primarily due to increases in its automotive and cell phone businesses.
BYD gets HKEx's nod to spin off its semiconductor unit to A-share listing
BYD Semiconductor was established in October 2004, and BYD directly holds 72.3 percent of the shares.
BYD reportedly to raise battery prices by at least 20% starting next month
BYD's reasoning is that the raw materials for lithium batteries have been rising due to market changes, power restrictions and production limitations.
Daiwa Securities says it's reasonable if Tesla adds BYD as new LFP battery supplier
Daiwa Securities believes that 10 GWh of installed battery capacity could translate into close to 200,000 vehicles, which could be supplied not only to the Shanghai plant, but also to factories in Berlin or the US.
BYD surges 6% to record high on China's A-share market as stocks in NEV sector rise broadly
BYD shares traded in Shenzhen are up about 35 percent since September 30.