BYD Company's stock (01211.HK) took a sharp dive in the market, plummeting 5.08% during Wednesday's trading session. This significant drop comes in the wake of the United States' announcement of impending tariffs on Chinese imports, sending shockwaves through the Hong Kong stock market.
The broader market sentiment was heavily impacted by the news, with the Hang Seng Index falling 3.1% and the Hang Seng Tech Index declining 4.3%. The U.S. administration stated that 104% duties on imports from China would take effect shortly after midnight, despite simultaneous efforts to initiate talks with other trading partners affected by President Trump's comprehensive tariff plan.
BYD Company, a leading Chinese electric vehicle manufacturer, was not alone in its downturn. Other major Chinese tech and automotive companies also experienced significant losses, with Nio falling 7%, and XPeng, Alibaba, and JD.com all declining by 5%. The ripple effect of the tariff announcement has clearly sent investors scrambling, particularly in sectors vulnerable to trade tensions between the world's two largest economies.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。