BYD Dealerships Failing Show Financial Pain in China Car Sector

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Car dealership groups in two provinces have gone out of business since last month in China, both of them BYD Co. retailers, evidence of the tough competition in the nation’s auto market and proof that not even selling the country’s No. 1 brand can shield businesses from financial difficulties.

CATL Rises in HK Debut After World’s Top Listing This Year

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Contemporary Amperex Technology Co. Ltd. rose in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by raising HK$35.7 billion ($4.6 billion) despite being blacklisted by the Pentagon and grinding through geopolitical storms.