BYD And Xiaomi Shares Rally As June Deliveries Reinforce Confidence In China’s EV Leaders

Shares of China’s leading electric vehicle makers rallied in Hong Kong on Thursday after stronger-than-expected June delivery figures reinforced investor confidence that demand remains resilient despite intensifying competition. BYD gained about 9%, while Xiaomi rose roughly 5%, as the latest sales data shifted attention back to operational performance.

Xiaomi Extends Its Delivery Momentum

Xiaomi recorded its third consecutive month of more than 30,000 vehicle deliveries in June, highlighting the steady expansion of its EV business. Total deliveries for the first six months of the year exceeded 180,000 vehicles, equivalent to around 33% of the company’s 2026 target of 550,000 units, according to Citi.

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The bank believes the stock could receive another boost in August with the expected launch of Xiaomi’s YU9 luxury sport utility vehicle. Citi also pointed to another potential catalyst outside the automotive business, saying signs that memory prices are approaching a peak, supported by higher capital expenditure from major Chinese memory manufacturers, could further improve investor sentiment.

BYD Builds On Its Scale Advantage

BYD also delivered another strong month, reporting June sales of 403,472 vehicles, up 5.46% from 382,585 a year earlier. The result reinforces the company’s position as the world’s largest EV manufacturer by volume and suggests demand has remained resilient even as competition across China’s electric vehicle market continues to intensify.

Deutsche Bank noted that BYD’s second-quarter sales rose 58% from the previous quarter to 1.1 million vehicles. On the back of that performance, the bank expects second-quarter net profit to increase 145% quarter on quarter to RMB 10 billion, supported by higher sales volumes and improved operating leverage.

Investors Reward Execution

The latest share-price gains highlight what continues to drive valuations across China’s EV sector. Rather than broad optimism about the industry, investors are placing greater emphasis on measurable execution, including delivery growth, new product launches and profitability.

Xiaomi remains focused on scaling its automotive business, while BYD continues to benefit from its manufacturing scale and operational efficiency. June’s delivery figures reinforced confidence that both companies are executing against their growth plans, giving investors fresh reasons to remain optimistic despite a more competitive market.

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Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

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Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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