Shares of Chinese EV maker BYD (DE.BY6) jump after exec says company is set to supply batteries to Tesla (US.TSLA) - 09 iunie 2022
Shares of electric vehicle maker BYD jumped on Wednesday after a senior executive said during an interview with Chinese state media that the company is set to supply batteries to Tesla “very soon.” Hong Kong-listed shares of BYD jumped 2.79% on Wednesday, mirroring broader positive sentiment in tech as the Hang Seng Tech index advanced 4.76% to 4,818.36. Shares of other Chinese EV makers in Hong Kong also rose, with Nio (US.NIO) up 5.07% while Xpeng (US.XPEV) surged 6.13%.