VinFast (VFS) continued surging Monday following its blockbuster Aug. 15 initial public offering and bouts of volatility last week. VinFast stock pegged a post-IPO high.

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In other EV news Monday, BYD (BYDFF) posted near-record profits for the second quarter. The EV giant also announced a deal with Jabil (JBL).

VinFast Stock Soars, EV Peers Rise As China Worsens. Will "Shock And Awe" Stimulus Come? comes via ChinaTechNews.com.