China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
India-Japan relationship could become world’s most important: Japanese Finance MinisterJapan's Finance Minister Satsuki Katayama believes the India-Japan relationship could become the world's most important. Speaking at a Toky...
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
From rockets to brain implants, here's a look at Elon Musk's vast empireElon Musk, the world's richest man, leads a sprawling business empire. His ventures include electric vehicles, brain implants, underground ...
China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sourcesChina's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will e...
China's April industrial profits grow at fastest in more than two yearsChina's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong export...
Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
China's car sales drop for seventh month in April; exports roarChina's car sales experienced a 21.6% year-on-year decline in April, marking the seventh consecutive month of contraction. Automakers are i...
Global stocks: BYD Q1 profit falls 55%, steepest drop in 6 years as China sales falterChinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by ...
From orphan to billionaire: How China's Wang Chuanfu built EV giant BYD CompanyWang Chuanfu story shows how a poor boy from China became a global business leader. He started with batteries and slowly built BYD Company ...
BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
This is how much Warren Buffett reportedly made from selling BYD shares after 17 years of investmentWarren Buffett's Berkshire Hathaway has concluded its 17-year investment in BYD, selling off its entire stake in the Chinese electric vehic...
Yesterday’s darling China’s ace EV maker BYD suffers $45 billion stock sell-off – what really happened?China’s EV champion BYD has suffered a massive $45 billion stock sell-off, losing more than 30% of its market value in just four months. Th...
China's BYD raises $5.59 billion in share sale, Hong Kong's largest in four yearsBYD's Hong Kong shares opened down 8% on Tuesday, in line with the discount the stock was sold at in the deal, while the Hang Seng Index wa...
Berkshire Hathaway sells $39.8 mln of shares in China's BYDWarren Buffett's Berkshire Hathaway has trimmed its stake in China's BYD , which surpassed Tesla last year as the world's largest seller of...
BYD slumps on chatter Buffett's Berkshire may have cut stakeCitibank's shareholding in BYD has increased by 225 million shares to 388.61 million shares on July 11 from 163.4 million shares on July 8,...