SHA:600104 19 September 2025

EU Tariff Relief? BYD, Xpeng Shares Jump on Plan to Swap Chinese EV Duties for Minimum Prices

Shares of BYD rose up to 4.8% in Hong Kong and Xpeng gained 5.3% after the European Commission signaled it may swap tariffs on China-made EVs for a minimum-price scheme. SAIC Motor climbed as much as 3.6% in Shanghai. The EU is negotiating with Beijing on alternatives to tariffs of up to 35.3% on battery electric vehicles.

14 January 2026

Electric Vehicles·HKG:1211·NYSE:XPEV·SHA:600104·Stock Market

BYD and Xpeng pop as EU hints at a minimum-price alternative to China EV tariffs

Shares of Chinese EV makers surged Tuesday after the European Commission outlined a plan allowing exporters to swap EU tariffs for minimum price commitments. BYD rose up to 4.8% in Hong Kong, Xpeng gained 5.3%, and SAIC Motor climbed 3.6% in Shanghai. The Commission said any price deal must match the effect of tariffs and address subsidy concerns. Beijing welcomed the proposal, calling for dialogue.

14 January 2026

Electric Vehicles·HKG:1211·NASDAQ:XPEV·SHA:600104

MG Cyberster EV Roadster Shakes Up Europe’s Sports Car Market

MG, now owned by China’s SAIC Motor, has launched the all-electric Cyberster roadster, marking its return to sports cars after decades. The two-seater offers up to 536 hp, 0–62 mph in 3.2 seconds, and a 300-mile range. UK pricing starts at £54,995. Reviews highlight its striking design and strong performance but note its heavy weight.

19 September 2025

Electric Vehicles·Innovation·SHA:600104

Kennametal (KMT) Valuation Examined After Recent Share Price Decline
March 20, 2026, 3:19 AM EDT. Kennametal (KMT) shares fell about 9% last week and 10% over the month following a strong 22% gain in three months. Despite a 67.9% total shareholder return over one year, recent pullbacks raise questions on future growth prospects. The stock trades slightly below analyst targets but well below some intrinsic value estimates, with a fair value around $37.13 versus a $35.18 close. Cost-cutting efforts, including $125 million in expected savings by fiscal 2028, aim to improve margins. However, risks include persistent weak demand and potential delay in realizing efficiencies. Investors should weigh these factors carefully amid mixed market signals and consider alternative industrial exposure opportunities.