BYD's Hong Kong-listed shares hit a new all-time high, with a record premium over its A-shares.

BYD Hong Kong stock price hit a record high, with the premium over mainland stocks reaching a historical high. Boosted by the positive performance of Ningde Times' Hong Kong debut, BYD's Hong Kong stocks rose by 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 stocks indicates increasing confidence from foreign investors in the company's future, making it a standout performer among dual-listed stocks. According to the Hang Seng Shanghai-Hong Kong Stock Connect AH Share Premium Index, H-shares are trading at an average discount of about 33% compared to their A-shares.