Chinese EV maker BYD’s Hong Kong shares (1211.HK) jump 5.1% to HK$99.75, biggest daily gain since July 22Top gainer in Hang Seng Tech Index (.HSTECH) , which is down 2.6%Shenzhen-listed shares (002594.SZ) surge 8.2% to 96.67 yuan, highest level since Jan 19 BYD announces “groundbreaking” technology launch event for Thursday, March 5Macquarie says investors expect industry-leading power efficiency, charging speed, affordable ADAS features reveal“There is also the possibility that investors are looking at China EV names like BYD as a second derivative play on current tensions in Iran due to negative impact to oil supply/shipping” - Macquarie analystSays potential oil import disruptions could push China to prioritise EV/battery sectors for energy transition

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- BYD’s Hong Kong shares rose 5.1% to HK$99.75, marking their largest daily gain since July 22.  
- Shenzhen-listed shares surged 8.2% to 96.67 yuan ahead of a major technology launch event on March 5.  
- Analysts suggest that potential oil import disruptions from Iran may drive China to focus on EV and battery sectors, enhancing BYD's investment appeal.

Reuters

Hwabao WP CSI Intelligent Electric Vehicle ETF

BYD COMPANY

BYD Company

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

First Trust S-Network Future Vehicles & Tech ETF

Hua Xia CSI New Energy Vehicles ETF

BYD Company Limited

BUZZ-BYD shares jump on new tech launch optimism, oil supply disruption concerns