BYD jumps on subsidy speculation, Moody's auto sales hike

|About: BYD Co., Ltd. (BYDDF)|By:, SA News Editor

BYD (BYDDF.PK +6.9%) jumps on speculation that a new Chinese central government subsidy for electric vehicles will be announced.

Also helping: Moody's revised its China auto sales growth outlook from 7% to 10% for this year and next.