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Shares related to China’s carmakers rise after the country released upbeat data on April’s passenger vehicle sales.Retail passenger vehicle sales up 55.5% y/y, according to China’s Passenger Car AssociationNew-energy vehicle retail sales jumped 85.6% y/y to 527,000 unitsMORE: China April Retail Passenger Vehicle Sales Rose 55.5% Y/y: PCA In Hong Kong, BYD jumps as much as 3.7% to hit the highest since Feb. 10; XPeng +1.2%, Li Auto +3.2%, Geely +3.9%, Brilliance China Automotive +3%ALSO: BYD Unit Gets China Regulatory Nod to Buy Property Insurer 1ANOn the mainland, Great Wall Motor up as much as 3.6%, Xiamen King Long Motor Group +10%, FAW Jiefang Group +2.8%, CATL +2.1%
