BYD Shares Surge Over 5% as New Tang EV Model Receives 30,000 Orders Within 24 Hours at Beijing Auto Show

Stock News04-27 10:55

BYD Company Limited (01211) rose more than 5% during trading, with gains reaching 4.15% at the time of writing, reaching HK$105.4 per share. Trading volume amounted to HK$1.839 billion. On April 24, the 2026 Beijing International Auto Show commenced, where BYD's Dynasty series launched global pre-sales for its new full-size flagship SUV, the Tang EV. The pre-sale price range is set between 250,000 and 320,000 yuan. Lu Tian, General Manager of BYD's Dynasty Network Sales Division, announced that pre-orders for the Tang model exceeded 30,000 units within 24 hours of opening. Guotai Haitong Securities noted that BYD showcased its diversified and comprehensive electric vehicle product lineup alongside its latest technological achievements at the auto show, reinforcing its strategic positioning in premium, intelligent, and segmented markets. The firm indicated that despite overall pressure in the domestic passenger vehicle market, automakers with strong consumer demand insight, efficient cost control, and well-managed product cycles are likely to achieve growth opportunities in 2026.

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