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06 Jan
13:03

BYD shares rise despite falling NEV sales

Chinese electric vehicle (EV) manufacturer BYD has seen its share price rise 6.3% on 5 January despite reporting decreasing sales in 2020, Kallanish reports. Shares in BYD closed at RMB 219.9 ($34.07) on Tuesday after the company reported a 17.35% decrease in the number of new energy vehicles (NEVs) sold during the year, having opened at RMB 206. Shares peaked at RMB 221.23, the highest price attained by the company since it listed on the Hong Kong Stock Exchange …
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