Lates News

BYD's Hong Kong stock price hit a record high, with the premium over mainland stocks also reaching historical highs. Boosted by the positive performance of NIO's Hong Kong debut, BYD's Hong Kong stock rose 4.4% on Wednesday. Bloomberg compiled data shows that after exchange rate adjustments, BYD's H-shares currently have a premium of over 5% compared to its A-shares listed in Shenzhen. The rise in BYD's Hong Kong stock price indicates that foreign investors have increased confidence in the company's prospects, making it a standout performer among dual-listed stocks. According to the Hang Seng Shanghai-Hong Kong Stock Connect AH Premium Index, the average discount of H-shares compared to A-shares is about 33%.