- BYD will expand its flash charging network in China to 10,000 stations on August 28, doubling its count from early April.
- The expansion aims to support new vehicle sales equipped with the second-generation Blade Battery and achieve a target of 20,000 stations by the end of the year.
- The company plans to accelerate its roll-out by partnering with operators like Sinopec and expanding the network overseas by the end of 2026.
- Chery officially launched the Fulwin T7 compact electric SUV, targeting China's budget market with a limited-time starting price of 94,900 yuan or $14,000.
- All variants feature a 65.05-kWh battery delivering a CLTC range of 600 km, while the top trim is equipped with the Falcon 500 driver-assistance system.
- The new model launch aims to strengthen Chery's position in the entry-level segment and compete directly with volume-selling models like the BYD Yuan Plus.
- BYD will officially launch the Sealion 08 SUV on September 2 as the flagship model of its Ocean lineup.
- The mid-to-large-size SUV is available in plug-in hybrid and battery electric variants with pre-sales prices ranging from 230,000 yuan to 280,000 yuan.
- The vehicle features advanced technologies including the second-generation Blade Battery, flash charging, and a CLTC range of up to 900 kilometers for the EV version.
- On August 25, Hong Kong stocks experienced narrow fluctuations with major indices closing slightly lower, as the Hang Seng Index edged down 0.02% to 25511.10 points and a total turnover of 2540.79 billion HKD.
- Sector performance showed strong divergence, with domestic real estate and Kingboard Laminates rallying significantly, while technology stocks split and gold resources generally declined.
- Key corporate developments included Alibaba raising 80.0 billion HKD via a major share placement for AI investments, alongside supportive policy expectations and macroeconomic trends impacting the market.
- BYD ( 1211.HK ) closed nearly flat on August 24 after pulling back from an intraday high above 93 HKD, while daily MACD formed a golden cross and trading volume expanded to about 1.68 billion HKD.
- The company recently launched multiple new models at the Chengdu Auto Show to catalyze sales expectations, and its stock showed relative resilience despite the broader Hang Seng Index dropping over 2% due to Alibaba's share placement.
- Technical indicators show a mix of continued rebound momentum and short-term overbought signals, with the 20-day moving average acting as a key support level to watch.
- On August 24, Hong Kong stocks declined significantly, with the Hang Seng Index falling 2.00% to 25488.47 points.
- Alibaba's record 80 billion HKD share placement triggered a sharp drop in tech stocks, while Michael Burry's clearance of his stake added to market concerns.
- Meanwhile, petroleum and gold stocks strengthened counter-trend due to strong corporate earnings and surging gold prices exceeding 4700 USD per ounce.
- BYD Company Limited shares rose 3.44 % to close at 93.15 HKD between August 17 and August 20, 2026, outperforming the Hang Seng Index by 1.25 percentage points.
- The stock rebound was driven by intensive new product launches across multiple sub-brands, including the Fang Cheng Bao and Dynasty series, alongside overseas expansion in Malaysia.
- Institutional sentiment remained generally bullish with a consensus buy rating, while upcoming financial reports and order data are expected to test the current valuation.
- BYD debuted its third-generation Tang SUV at the 2026 Chengdu Auto Show on August 21, 2026, with an official market launch planned for the fourth quarter.
- The five-seat mid-to-large SUV features up to 850 km of all-electric range, flash charging capabilities from 10% to 70% in 5 minutes, and forms a dual-flagship lineup with the Da Tang to revitalize falling sales.
- The model is equipped with BYD's second-generation Blade Battery, DiSus-A intelligent air suspension, and the God's Eye B driver-assistance system featuring 1 LiDAR.
- BYD’s Fang Cheng Bao brand opened pre-orders for its Formula S and Formula S GT sedan lineup on Aug. 20, 2026, with prices ranging from RMB 230,000 to RMB 280,000.
- The vehicles made their global debut at the 2026 Chengdu Auto Show on Aug. 21, offering single- and dual-motor configurations with a top speed of 240 kilometers per hour.
- The new models are officially scheduled to launch in the third quarter of 2026.
- BYD has officially started pre-sales for its new flagship large sedan, the Da Han EV, at the 2026 Chengdu Auto Show with prices starting at approximately $36,850.
- The all-electric lineup offers three variants featuring a CLTC range of up to 1,008 km and an acceleration from 0 to 100 km/h in 3.8 seconds for the all-wheel-drive version.
- This model aims to expand BYD's presence in the premium vehicle market by joining the Da Tang SUV to form the brand's D-segment flagship lineup.
- On August 20, Hong Kong stocks rallied collectively, with the Hang Seng Index rising 0.74% to 25684.92 points.
- Sector performance showed gold stocks surging driven by safe-haven demand, pharmaceutical stocks strengthening following positive overseas clinical trial results, and new energy vehicle stocks posting gains.
- Kuaishou shares plunged over 11% following its second-quarter financial results reporting a 36% year-on-year drop in net profit.
- During the Hong Kong stock market trading on August 19, the three major indices showed divergence, with the Hang Seng Index flat at 25471.74 points and the Hang Seng Tech Index down 1.39% at 4673.54 points.
- Xiaomi shares surged over 6% driven by Barclays' positive view on its AI strategy, while Baidu plunged nearly 13% and the semiconductor sector suffered heavy losses amid broader regional risk aversion.
- Meanwhile, domestic banking and insurance stocks defied the market trend to rise, with Industrial and Commercial Bank of China and Bank of China both gaining nearly 2%.
- BYD's personalized brand Fang Cheng Bao announced that its full-size plug-in hybrid SUV, the Tai 9, will make its global debut at the 2026 Chengdu Auto Show.
- The 6-seat SUV measures 5,270 mm in length and is powered by a 1.5-liter engine paired with dual electric motors and a 66.48 kWh LFP battery pack.
- The new model aims to expand the brand's lineup as cumulative sales surpass 500,000 units following a 190.6% year-on-year sales surge in July.
- BYD's Fang Cheng Bao launched the Tai 7 DM long-range hybrid SUV version, starting at 195,800 yuan ($28,830).
- The new variants feature a 50 kWh Blade Battery, offering electric ranges of 315 km and 300 km alongside upgraded charging capabilities.
- The Tai 7 serves as the brand's best-selling model, contributing to strong overall sales performance.