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SHA:600104 News 14 January 2026

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

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

Hong Kong, Jan 14, 2026, 15:39 HKT Shares of BYD and other Chinese EV makers surged Tuesday following a European Commission hint that import tariffs might be swapped for a minimum-price mechanism. BYD jumped as much as 4.8% in Hong Kong, Xpeng climbed 5.3%, and SAIC Motor’s Shanghai-listed shares rose up to 3.6%. (Bloomberg.com) This development is significant since the EU’s tariffs on China-made EVs are at the heart of Brussels’ toughest trade battle with Beijing. European automakers, facing competition from lower-priced Chinese models gaining ground, have been demanding clear answers. Now, the discussions seem to be edging toward a
BYD and Xpeng pop as EU hints at a minimum-price alternative to China EV tariffs

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

HONG KONG, Jan 14, 2026, 15:40 (HKT) Shares of Chinese electric-vehicle makers rose in Tuesday trading after the European Commission mapped out a route that could let exporters swap EU tariffs for minimum price commitments. BYD climbed as much as 4.8% in Hong Kong, Xpeng gained 5.3% and SAIC Motor’s Shanghai-listed shares rose as much as 3.6%. (Bloomberg.com) The rally comes as Brussels tries to contain a trade fight that has become a sore point with Beijing and a pressure point for carmakers selling into Europe. The Commission finalised an anti-subsidy probe in October 2024 and imposed definitive countervailing duties

Stock Market Today

Reckitt share price ends week near a one-year high as RKT investors eye special dividend and March results

Reckitt share price ends week near a one-year high as RKT investors eye special dividend and March results

7 February 2026
London, Feb 7, 2026, 08:16 GMT — Market closed. Reckitt Benckiser Group (RKT.L) shares ended Friday at 6,400 pence, down 0.2%, after touching a one-year high of 6,432 pence. About 2.6 million shares changed hands. (London South East) The stock is now trading through the tail-end of a chunky one-off cash return. Reckitt has set a 235 pence-a-share special dividend for Feb. 20 and is pairing it with a 24-for-25 share consolidation to keep the quoted share price and per-share metrics broadly comparable after the payout. (Investegate) In the wider market, Britain’s FTSE 100 finished Friday up 0.6%, with gains
GSK share price set for Monday watch after EU clears Nucala COPD use

GSK share price set for Monday watch after EU clears Nucala COPD use

7 February 2026
GSK shares closed Friday up 0.83% at a 52-week high after the EU approved Nucala for certain uncontrolled COPD patients. Insider filings showed chairman Jonathan Symonds bought 2,500 shares while executive David Redfern sold 100,000. The FTSE 100 rose 0.6%. Broker ratings on GSK remained mixed.
Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

7 February 2026
Aye Finance raised Rs 454.5 crore from 19 anchor investors ahead of its Feb 9 IPO, pricing shares at the top of a Rs 122–129 range. The company’s profit fell 40% to Rs 64.3 crore in the six months to September as bad loans rose to 4.85%. The IPO values Aye at about Rs 3,200 crore, below its last private round. Major investors include Nippon Life India and Goldman Sachs funds.
BAT share price closes near 52-week high as buyback rolls on ahead of results week

BAT share price closes near 52-week high as buyback rolls on ahead of results week

7 February 2026
British American Tobacco shares closed up 1.2% at 4,609 pence Friday, near a 52-week high. The company disclosed further share buybacks and management share purchases ahead of its Feb. 12 full-year results. BAT bought 121,668 shares for cancellation on Feb. 5. Investors await updates on nicotine alternatives and cash returns.
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