MEITU initially rose nearly 18%, BYD and POP MART hit new highs
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The stock price of BYD Company Limited on the Hong Kong stock market has risen above HKD 450, reaching a new high with an intraday increase of nearly 2%. POP MART rose over 3%, reaching a peak of HKD 216.6, also a new high. MEITU initially surged nearly 18%, after the company agreed to issue approximately USD 250 million in three-year convertible bonds to Alibaba Network China and plans to collaborate with it in areas such as e-commerce, AI technology, and cloud computing
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