It also puts Huawei’s survival at risk.”Escalating Washington-Beijing tensions have increasingly ensnared Chinese technology champions from ByteDance Ltd. to WeChat-operator Tencent Holdings Ltd., though Huawei remains the company most under siege from the White House.The Trump administration’s latest blow follows earlier steps including a ban on supplying American technology to Huawei, convincing allies like the U.K. to bar the firm’s networking gear, and the arrest of its founder’s daughter in Canada.Read more: Huawei Sees Dire Threat to Future From Latest Trump Salvo“Investors should consider possible second-order effects,” Bernstein analysts including Mark Li wrote. Pingshan New District Shenzhen, 518118 Find the latest BYD COMPANY (1211.HK) stock quote, history, news and other vital information to help you with your stock trading and investing. © 2020 Verizon Media. When autocomplete results are available use up and down arrows to review and enter to select. Subscribe to Premium to view Fair Value for 1211.HK. All chip companies working for Huawei will be subject to licensing regardless of where they are, an official said, adding that even foreign companies will be affected as long as they use American design software or equipment.MediaTek sank as much as 9.9%, paring its 54% surge this year, after the stock was downgraded to neutral by Credit Suisse. All rights reserved. Stocks To Buy - Why Is This Metal Taking Off? But whether China will retaliate, and the future preference of Chinese original equipment manufacturers between U.S. and non-U.S. suppliers, are also risks.”(Updates with share action and Mediatek’s statement from the third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Discover new investment ideas by accessing unbiased, in-depth investment research, HKSE - HKSE Delayed Price. 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Ltd. and Hitachi, Global Electric Vehicle Battery Market Demand with COVID-19 Recovery Analysis 2020 | Advances in EV Battery and Associated, 3009 Biyadi Road Announces New Curbs on Huawei Access to U.S. Technology“The U.S. closing the loophole on its direct product rule is a surprise, but not totally unexpected,” Jefferies analysts including Edison Lee wrote in a note. Currency in HKD, 10 Stocks for Canadian Investors to Buy This Month. All rights reserved. Before it's here, it's on the Bloomberg Terminal. In Hong Kong, smartphone suppliers Sunny Optical Technology Group, AAC Technologies Holdings Inc. and BYD Electronic International Co. fell.The Commerce Department in May banned the sale of any silicon to Huawei made with U.S. know-how -- striking at the heart of its semiconductor apparatus and aspirations in fields from artificial intelligence to mobile services. BYD Electronics (International) Company Limited (Stock Code:0285.HK) is a holding company which was incorporated in Hong Kong on June 14, 2007, and it’s a subsidiary of BYD Company Limited (Stock Code:1211.HK). Earnings Announcement for Period Ending Q3/2020. Let's find out. Its stockpiles of certain self-designed chips essential to telecom equipment will run out by early 2021, according to people familiar with the matter.The earlier restrictions required companies manufacturing chips designed by Huawei’s HiSilicon unit to obtain licenses, fueling expectations that third-party designers like MediaTek would win orders from the Chinese giant. Subscribe to Premium to view Fair Value for 0285.HK. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Discover new investment ideas by accessing unbiased, in-depth investment research, HKSE - HKSE Delayed Price. View the latest BYD Co. Ltd. (1211) stock price, news, historical charts, analyst ratings and financial information from WSJ. Find the latest BYD ELECTRONIC (0285.HK) stock quote, history, news and other vital information to help you with your stock trading and investing. Xpeng stock, a recent IPO, jumped. © 2020 Verizon Media. If it isn't grown, it has to be mined. Currency in HKD. “That means the hope Huawei could rely on third-party chip designers such as MediaTek and Unisoc to continue making handsets has been dashed. Mining is big business, Here are a few things that you should know before adding mining stocks to your port.... China Tesla rival Xpeng Motors delivered 8,578 electric vehicles in Q3, up 266% vs. a year earlier. Interactive Chart for BYD COMPANY (1211.HK), analyze all the data with a huge range of indicators. Touch device users, explore by touch or with swipe gestures. (Bloomberg) -- Taiwan’s MediaTek Inc. led a slump among major chipmakers after the Trump administration tightened restrictions on Huawei Technologies Co., expanding a campaign to cripple China’s largest tech corporation.The rules announced Monday build on restrictions announced in May and add 38 Huawei affiliates in 21 countries to an economic blacklist. 3009, BYD Road, Pingshan Shenzhen, 518118, China, People's Republic of. Renowned investor Iain Butler just named 10 stocks for Canadians to buy today. “The reality may not be as bad as the ‘bear case’ as some approvals may be granted. BYD derives the vast majority of company revenue domestically. Commerce Secretary Wilbur Ross said the latest restriction was aimed at closing loopholes the company explored after previous U.S. actions.Read more: U.S. China. Does Byd Co., Ltd. (BYDDY) have what it takes to be a top stock pick for momentum investors? Contact No. The company stressed Tuesday it was monitoring the latest sanctions but the curbs had no material impact on its operations.Novatek Microelectronics Corp. and Realtek Semiconductor Corp., whose chip designs are used by Huawei, dropped more than 6% in Taipei. Stock analysis for BYD Co Ltd (1211:Hong Kong) including stock price, stock chart, company news, key statistics, fundamentals and company profile.