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BYD COMPANY Leaps 8% After Launch of Fang Cheng Bao Tai 3 Flash-Charging Edition; Competitive Price Range in Mkt Rises
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Some new energy vehicle (NEV) and battery stocks moved upwards. BYD COMPANY (01211.HK) once surged by 8.3% to HKD104.8 during the session. It last traded at HKD104.4, up 8%, with a turnover of HKD4.258 billion. GEELY AUTO (00175.HK) rallied 3.7%. NIO-SW (09866.HK) grew 5.6%. XIAOMI-W (01810.HK) climbed 5.4% to HKD35.1. CHERY AUTO (09973.HK) gained 4.1%. CATL (03750.HK) last printed at HKD665, up 7.1%. Last Friday (13th), BYD COMPANY launched the Fang Cheng Bao Tai 3 Flash-Charging Edition, with a price ranging from RMB153,800 to RMB169,800, according to a report by China Business Network. Since the beginning of this year, the main competitive price range in the NEV market has shifted from RMB100,000-150,000 to RMB150,000-200,000, indicating a significant structural change. AAStocks Financial News |
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