BYD and Xiaomi shares surge after June delivery numbers show momentum holding

TL;DR BYD gained 9% and Xiaomi 5% in Hong Kong trading after strong June deliveries. Deutsche Bank forecasts BYD’s Q2 profit rising 145% quarter on quarter. Hong Kong-listed shares of Chinese EV makers surged on Thursday after June delivery figures beat expectations. BYD gained around 9% and Xiaomi climbed about 5%. BYD posted 403,472 vehicle […]