HK Stock Market Move | BYD COMPANY (01211) rose nearly 5% in intraday trading, the company's overseas expansion momentum is strong, and its new Tang EV with flash charging technology is entering the European market.

BYD COMPANY (01211) rose nearly 5% during midday trading. As of the press time, it is up 4.47% at HK$109.8, with a trading volume of HK$25.6 billion. On the news front, in March of this year, BYD Company Limited's overseas sales of new energy vehicles exceeded 120,000 units, a year-on-year increase of 65.12%, reaching a new high for the year. In the first quarter of this year, overseas sales totaled 320,000 units, accounting for nearly 46% of total sales. It is worth mentioning that on April 8th local time, BYD Company Limited's luxury brand Tang released in Europe at the Paris Opera House. The flagship models Z9GT and D9 were officially unveiled, with a starting price of approximately 115,000 (equivalent to over RMB 900,000), marking a monument for Tang's global strategy. Another core highlight of the conference was the flash charging technology based on the second-generation blade battery from BYD Company Limited, with a maximum charging power of 1500kW. Guosheng stated that the company is actively promoting the layout of overseas markets, and exports continue to increase. The launch of fast charging models is expected to drive domestic sales. Guolian Minsheng Securities stated that in recent times, international crude oil prices have continued to fluctuate at high levels, significantly amplifying the full lifecycle cost advantages of new energy vehicles in overseas markets, further highlighting the global competitive strength of Shanxi Guoxin Energy Corporation's products.