{"id":154416,"date":"2025-05-26T16:30:25","date_gmt":"2025-05-26T09:30:25","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/byds-price-cuts-shock-chinas-ev-market-spark-fears-of-price-war-escalation\/"},"modified":"2025-05-27T11:09:46","modified_gmt":"2025-05-27T04:09:46","slug":"byds-price-cuts-shock-chinas-ev-market-spark-fears-of-price-war-escalation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/byds-price-cuts-shock-chinas-ev-market-spark-fears-of-price-war-escalation\/","title":{"rendered":"BYD\u2019s price cuts shock China\u2019s EV market, spark fears of price war escalation"},"content":{"rendered":"<p>&#013;<br \/>\nBYD\u2019s decision over the weekend to cut prices on 22 models to promote sales has cast a pall over the earnings outlooks of Chinese electric vehicle (EV) makers, as many competitors are expected to follow suit in an effort to retain market share.<br \/>\nBYD\u2019s Hong Kong-listed shares lost 7.5 per cent to close at HK$425.20 on Monday. Xpeng saw its shares close 3.4 per cent lower at HK$75.35, while Li Auto closed 3.2 per cent lower at HK$109.90. And Geely shares fell 6.7 per cent to close at HK$18.38.<br \/>\nOn&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-evs\/article\/3311834\/byds-price-cuts-shock-chinas-ev-market-spark-fears-price-war-escalation?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">BYD\u2019s price cuts shock China\u2019s EV market, spark fears of price war escalation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; BYD\u2019s decision over the weekend to cut prices on 22 models to promote sales has&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-154416","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-EaA","jetpack-related-posts":[{"id":116890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-chinas-third-largest-developer-seeks-to-ease-coronavirus-pain-by-floating-additional-shares-in-hong-kong-and-raising-us1-billion\/","url_meta":{"origin":154416,"position":0},"title":"Vanke, China\u2019s third-largest developer, seeks to ease coronavirus pain by floating additional shares in Hong Kong and raising US$1 billion","date":"June 4, 2020","format":false,"excerpt":"\r China Vanke, the mainland\u2019s third-largest home builder, aims to raise HK$7.87 billion (US$1.01 billion) in fresh capital to repay overseas debt and boost its working capital by floating additional shares in Hong Kong.In a filing to the city\u2019s exchange on Thursday, Vanke said it will sell 315.59 million shares\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stock-in-chinas-sunac-plunges-after-it-seeks-to-raise-us1-billion-through-share-placement\/","url_meta":{"origin":154416,"position":1},"title":"Stock in China\u2019s Sunac plunges after it seeks to raise US$1 billion through share placement","date":"December 15, 2017","format":false,"excerpt":"\r Shares of property developer Sunac China Holdings slumped by as much as 10 per cent on Friday after it said it would raise HK$7.82 billion (US$1 billion) through a share placement. The firm, chaired by billionaire Sun Hongbin, has agreed to sell 251.5 million shares at HK$31.1 each, an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cr-land-seeks-us260-million-from-stake-sale-in-property-services-arm\/","url_meta":{"origin":154416,"position":2},"title":"China\u2019s CR Land seeks US$260 million from stake sale in property services arm","date":"November 13, 2025","format":false,"excerpt":"\r Chinese developer China Resources Land (CR Land) plans to raise more than HK$2 billion (US$260 million) by selling a 2.17 per cent stake in its property-management arm, China Resources Mixc Lifestyle Services, through a discounted share placement. CR Land agreed to place 49.5 million shares of CR Mixc Lifestyle\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123312,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-property-management-unit-sees-share-price-plunge-after-announcement-of-us1-billion-share-sale\/","url_meta":{"origin":154416,"position":3},"title":"Country Garden\u2019s property management unit sees share price plunge after announcement of US$1 billion share sale","date":"November 19, 2021","format":false,"excerpt":"\r A unit of mainland China\u2019s biggest developer has raised HK$8 billion (US$1.03 billion) by selling shares amid a slowdown in equity and property markets, prompting a slump in the share price.Country Garden Services Holdings, the property management arm of Country Garden, sold 150 million shares at HK$53.35 each, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-shares-soar-after-it-quit-plans-to-buy-wandas-hotel-assets\/","url_meta":{"origin":154416,"position":4},"title":"Sunac shares soar after it quit plans to buy Wanda\u2019s hotel assets","date":"July 20, 2017","format":false,"excerpt":"\r Share prices of Sunac China Holdings and Guangzhou R&F Properties, the original and new buyers of Wanda Group\u2019s hotel assets, surged on Thursday. Sunac China\u2019s Hong Kong-traded stock surged as much as 18 per cent in the morning, before scaling back to close 14.2 per cent up at HK$19.64.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-shares-soar-on-forecast-its-profit-would-triple\/","url_meta":{"origin":154416,"position":5},"title":"Evergrande shares soar on forecast its profit would triple","date":"July 26, 2017","format":false,"excerpt":"\r Shares of China Evergrande Group jumped by the most in almost two months on the Hong Kong stock exchange, after the developer said its first-half profit would triple, driven by China\u2019s soaring property prices and increasing sales. Evergrande shares jumped as much as 15.2 per cent to an intraday\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/154416"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=154416"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/154416\/revisions"}],"predecessor-version":[{"id":154417,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/154416\/revisions\/154417"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=154416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=154416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=154416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}