China's BYD rises as carmaker tops Singapore vehicle sales in first 4 months

Hong Kong shares of BYD Co 1211.HK jump 5.1% to HK$415.8, on track for the biggest one-day pct gain since May 12

Stock is second-biggest pct gainer on Hang Seng Automobile Index .HSAMI and third-biggest on Hang Seng Index .HSI, which are up 2.9% and 2.1%, respectively

Shenzhen-listed stock 002594.SZ up 1.8%

China's BYD became the most popular vehicle brand in Singapore so far this year, outselling Toyota 7203.T for the first time, government data showed, as the fast-growing electric vehicle maker steps up efforts to boost overseas sales

In the first four months of 2025, BYD sold 3,002 cars, or 20% of total vehicle sales in Singapore. Toyota and Tesla TSLA.O sold 2,050 and 535 units each during the same period

YTD, BYD's Hong Kong-listed shares up 55.8%, Shenzhen stock up 29.7%