Posted by: Sijia Xie on Jun 28 2010

Guangdong-based IT parts and automobile maker BYD Company Limited (1211.HK) put into production the 100MW first phase of its planned 1,000MW solar project in Shangluo, Shaanxi province on June 24, solarbe.com reported June 28...

Posted by: Sijia Xie on Jun 08 2010

BYD Company (1211.HK recorded sales of 45,020 vehicles in May, up 38% annually, 163.com reported June 7. The company sold 22 electric cars in May and targets sales of 1,000 electric vehicles by the end of 2010, the report said.

Statistics from China Automotive Technology & Research Center showed that a total of 1.19 million vehicles were sold in China in May 2010, up 30% annually but down 14% from the previous month, according to the report.

BYD does not plan to expand its production capacity for new energy vehicles beyond its current level of 1,000 units this year, despite government incentives for electric car buyers, according to BYD spokesman Wang Jianjun, cited in the report...

Posted by: Tom Telford on Apr 29 2010

The Hang Seng Index slid 0.81% to close at 20,778.92 on Thursday, April 29, in main board trading volume of HK$63.33 billion. The Hang Seng China Enterprises Index, which tracks mainland-based companies listed in Hong Kong, declined 0.89% to 11,881.4...

Posted by: Sijia Xie on Mar 16 2010

The Hang Seng Index declined 0.27% to close at 21,022.93 on Tuesday, March 16, in main board trading volume of HK$50.30 billion.

Electronics companies were positive Tuesday, with BYD Company (1211.HK) gaining 7.97%, Vtech Holdings (0303.HK) increasing 2.98% and Hisense Kelon (0921.HK) adding 1.61%, respectively...

Posted by: Ana Swanson on Mar 11 2010

The Hang Seng Index rose 0.09% to close at 21,228.2 on Thursday, March 11, while main board trading volume increased to HK$57.3 billion. Mainland companies weighed, with Hang Seng's China Enterprises Index falling 0.39%...

Posted by: Tom Telford on Mar 02 2010

Guangdong-based electronic components and auto maker BYD Company (1211.HK) and Daimler AG (ETR, NYSE:DAI) entered into a memorandum of understanding to cooperate on the development of electrically powered passenger vehicles in China, according to a BYD announcement on March 2...

Posted by: Sophia Fu on Mar 02 2010

The Hang Seng Index dropped 0.72% to close at 20,906.11 on March 2, in main board trading volume of HK$72.1 billion. Shares of mainland-based companies fared better on Tuesday; the Hang Seng China Enterprises Index, which tracks major mainland companies listed in Hong Kong, gained 0.87%.

Shares of HSBC Holdings (0005.HK, NYSE:HBC, LON:HSBA) and Hang Seng Bank (0011.HK, OTC:HSNGY) slumped 7.04% and 5.14%, respectively, on Tuesday, following releases of their fiscal 2009 financial reports after market close on Monday...

Posted by: Sijia Xie on Feb 25 2010

The Hang Seng Index declined 0.33% to close at 20,399.57 on February 25, as main board trading volume increased to HK$61.47 billion.

Blue chip petro stocks continued to slide, with shares of PetroChina (0857.HK, NYSE:PTR, 601857.SH) and China National Overseas Oil Corporation (CNOOC) (0883.HK, NYSE: CEO) losing 1.27% and 0.98%, respectively...

Posted by: Sijia Xie on Feb 24 2010

The Hang Seng Index declined 0.75% to close at 20,467.74 on February 24, as main board trading volume shrunk to HK$53.99 billion.

Shares of PetroChina (0857.HK, NYSE:PTR, 601857.SH) and CNOOC (0883.HK, NYSE: CEO) declined 2.15% and 1.61%, respectively, while China Petroleum & Chemical Corporation (Sinopec) (0386.HK, 600028.SH, NYSE:SNP) dropped 1.34% on Wednesday, as declining crude prices weakened shares of petrochemical companies.

Lenovo Group (0992.HK) decreased 3.46% after news broke that its shareholder TPG Capital sold 100.8 million Lenovo shares for up to HK$500 million, reported Hexun.com citing Hong Kong media February 24...

Posted by: Kiki.yang on Feb 23 2010

Guangdong-based IT parts and automobile maker BYD Company Limited (1211.HK) is awaiting approval to list on the Shenzhen Stock Exchange through the issue of up to 100 million shares, National Business Daily reports February 23 citing company Vice General Manager Wang Jianjun...

Posted by: Sijia Xie on Feb 23 2010

The Hang Seng Index increased 1.21% to close at 20,623 on February 23, as main board trading volume increased to HK$60.13 billion.

The finance-heavy Hang Seng Index was dragged up by positive banking shares on Tuesday with HSBC Holdings (0005.HK) climbing 1.97%, while Bank of China (BoC) (3988.HK, 601988.SH) and China Construction Bank (0939.HK, 601939.SH) rose 1.31% and 1.20%, respectively...

Posted by: Sophia Fu on Jan 28 2010

The Hang Seng Index climbed 1.61% to close at 20,356.37 on January 28, in main board trading volume of HK$65.98 billion.

Electronics companies reported strong gains on Thursday. Shares of Skyworth (0751.HK) rose 6.62%, TCL Multimedia (1070.HK) increased 5.57%, and BYD Company Limited (1211.HK) grew 5.41%.

HSBC Holdings (0005.HK) expects to list in Shanghai within the year, Sina reported citing HSBC Executive President Michael Geoghegan on January 27...

Posted by: Sophia Fu on Jan 26 2010

The Hang Seng Index dove 2.38% to close at 20,109.33 on January 26, in main board trading volume of HK$77.38 billion.

Shares of BOC Hong Kong (Holdings) Limited (2388.HK), an affiliate of Bank of China (BoC) (3988.HK, 601988.SH), fell 0.74% on Tuesday, following rumors from January 25 saying that BOC Hong Kong is likely to issue no less than $1.5 billion worth of convertible bonds, part of which will be used to pay back subordinated debt it borrowed from BoC at the end of 2008, 21st Century Business Herald reported...

Posted by: Sophia Fu on Jan 22 2010

Guangdong-based IT parts and automobile maker BYD Company Limited (1211.HK) plans to construct a 5GW solar cell project in Shaanxi province between 2009 and 2015 with total investment of RMB 22.5 billion, according to a document released by the Shaanxi Provincial Development and Reform Commission on January 19...

Posted by: Cherry Zhang on Jan 07 2010

The Hang Seng Index dropped 0.66% to close at 22,269.45 on January 7, in main board trading volume of HK$79.17 billion.

Yurun Food (1068.HK) fell 5.68%, U-President China Holdings (0220.HK) declined 4.49%, Tingyi (0322.HK) sank 4.5%, Want Want China Holdings (0151.HK) decreased 3.19%, Tsingtao Brewery (0168.HK, 600600.SH) lost 2.96%, and China Food (0506.HK) dropped 2.7%.

TCL Multimedia (1070.HK) lost 6.48%, Welling Holdings (0382.HK) dropped 4.44%, Hisense Kelon Electric Holdings (0921.HK) retreated 4.27% and BYD Company (1211.HK) lost 3.24%, while Skyworth (0751.HK) fell 3.23%.