BUSINESSCNBC TOP
Shares of BYD and Xiaomi surge as June delivery figures fuel optimism
Shares of BYD and Xiaomi surged in Hong Kong as June vehicle delivery figures improved investor sentiment. Chinese electric vehicle makers reported data that boosted market confidence.
Related Signal
Adjacent reporting
- Tesla’s stock rises as investors get a fresh sign that high gas prices are driving EV sales
- Uber’s stock surges as deliveries business shows surprising strength
- BYD Sees Annual Sales Rise Despite Tepid Market, Says JPMorgan
- Chinese EVs reclaim momentum as tech upgrades, incentives squeeze gains of foreign marques
- Here's what the latest pickup in Boeing deliveries means for investors