Beginner's Guide to Trading BYD COMPANY Stocks: Step-by-Step Instructions
BYD COMPANY Company Overview
BYD Co., Ltd. (“BYD” or “the Company”, together with its subsidiaries, collectively referred to as the “Group” or “Group”; stock code: H shares: 01211 (HKD counter); 81211 (RMB counter); A share: 002594) is mainly engaged in automobile business, mobile phone parts and assembly business, rechargeable batteries and photovoltaics business, mainly using its superior technology to actively expand the field of urban rail transit business.
As a pioneer and leader in the global NEV industry, the Group has built a long-term and sustainable core competitive advantage through continuous technological innovation through strong technology accumulation in the fields of power batteries, motors, electronic control, etc., establishing the Group's leading position in the global NEV industry and accelerating the transformation and upgrading process of the global NEV industry.
The Group is one of the world's leading manufacturers of rechargeable batteries. In the field of consumer batteries, lithium-ion batteries produced by the Group are widely used in various consumer electronics products and new smart products. The main customers include leading consumer electronics manufacturers such as Samsung, Dell, and Lenovo. In the field of power batteries, the Group has developed highly safe lithium iron phosphate batteries — “blade batteries” to better solve market safety pain points and accelerate the return of lithium iron phosphate batteries to the mainstream power battery circuit. In the field of energy storage batteries, the Group is making efforts in application fields such as power grid energy storage, industrial and commercial energy storage, and household energy storage to provide customers with cleaner and more sustainable energy storage solutions.
As one of the Group's important layouts in the field of clean energy, the photovoltaic business has a full industrial chain layout including silicon wafers, cells, photovoltaic modules, and photovoltaic system applications, opening up all aspects of energy from absorption and storage to application. The Group will actively deploy new technologies and promote continuous product upgrades.
As the world's leading provider of high-tech innovative products, we rely on core advantages such as electronic information technology, artificial intelligence technology, 5G and Internet of Things technology, thermal management technology, new material technology, precision mold technology, and digital manufacturing technology to provide one-stop product solutions for customers around the world. The products cover diverse market fields such as smartphones, tablets, smart homes, gaming hardware, drones, AI servers, 3D printers, the Internet of Things, robots, communication equipment, and medical and health equipment. The company's high vertical integration capabilities enable the company to provide customers with comprehensive services and respond more quickly and efficiently to the changing needs of the market.
The urban rail transit business is one of the strategic directions for the Group's future development. With established technology and cost advantages in the field of new energy business, the Group has successfully developed high-efficiency, low-cost medium capacity “cloud rail” and low volume “Yunba” products to achieve three-dimensional coverage of urban public transportation with new energy vehicles, and achieve long-term and sustainable development of the Group while helping the city solve traffic congestion and air pollution.
How To Buy BYD COMPANY Stocks & Shares
Step 1: Opening a Brokerage Account
To start trading stocks, the initial step is to acquire a brokerage account. When choosing an online stock brokerage, there are two critical factors to consider: brokerage offerings and a user-friendly platform. Futubull app would be helpful.
Step 2: Deciding how many shares to buy
To gain initial experience, it's wise to paper trade using a stock market simulator. Alternatively, start with a small investment amount.
Step 3: Buying stocks using the right order type
To master stock buying, it's essential to understand three critical order types: market orders, limit orders, and stop orders.
Step 4: Placing the stock order with your brokerage
BYD COMPANY's Stock Price Performance
Data as of: Aug 2, 2024
- Last 1 Month: -3.82%
- Last 6 Months: +33.89%
- Last 1 Year: -14.61%
- YTD: +7.49%
Institutional holdings of BYD COMPANY stock?
Holder | Shares Held | Shares Held (%) | Change (Shares) | Change (%) |
|---|---|---|---|---|
| Youngy Investment Holding Group Co.,Ltd. | 155,072,702 | 5.34% | -76,900 | -0.00% |
| BlackRock | 76,583,773 | 2.64% | -2,244,537 | -0.08% |
| Berkshire Hathaway Inc. | 54,200,142 | 1.87% | -33,413,000 | -1.15% |
| The Vanguard | 43,795,748 | 1.51% | 84,621 | +0.00% |
| Baillie Gifford | 20,024,596 | 0.69% | 15,517,446 | +0.53% |
| Norges Bank Investment Management | 16,672,019 | 0.57% | 0 | +0.00% |
| FMR | 15,196,245 | 0.52% | -2,305,667 | -0.08% |
| State Street Global Advisors | 15,062,417 | 0.52% | 51,420 | +0.00% |
| China Asset Management Co., Ltd. | 14,274,725 | 0.49% | 0 | +0.00% |
| Central Huijin Asset Management Ltd. | 11,976,633 | 0.41% | 0 | +0.00% |
The institutional holding data indicates some volatility in the performance of BYD COMPANY. Significant institutions like Berkshire Hathaway Inc. and BlackRock have reduced their holdings, possibly reflecting a cautious outlook on the future performance of BYD COMPANY. However, entities such as Baillie Gifford and The Vanguard Group have increased their stakes, suggesting a positive view on the stock. Overall, the movements of institutional investors reveal mixed market expectations for BYD COMPANY. Investors should closely monitor further market developments and institutional behaviors to make informed investment decisions.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty. Read More