BUZZ-China's BYD rises as carmaker tops Singapore vehicle sales in first 4 months

Reuters
14 May
BUZZ-China's BYD rises as carmaker tops Singapore vehicle sales in first 4 months

** Hong Kong shares of BYD Co 1211.HK jump 5.1% to HK$415.8, on track for the biggest one-day pct gain since May 12

** Stock is second-biggest pct gainer on Hang Seng Automobile Index .HSAMI and third-biggest on Hang Seng Index .HSI, which are up 2.9% and 2.1%, respectively

** Shenzhen-listed stock 002594.SZ up 1.8%

** China's BYD became the most popular vehicle brand in Singapore so far this year, outselling Toyota 7203.T for the first time, government data showed, as the fast-growing electric vehicle maker steps up efforts to boost overseas sales

** In the first four months of 2025, BYD sold 3,002 cars, or 20% of total vehicle sales in Singapore. Toyota and Tesla TSLA.O sold 2,050 and 535 units each during the same period

** YTD, BYD's Hong Kong-listed shares up 55.8%, Shenzhen stock up 29.7%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10