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BYD COMPANY News
Express News | BYD's Q1 net profit was 4.569 billion yuan, up 10.62% year-on-year
Li Qiang: The NEV market in China and the world continues to grow, and there is huge room for demand
① Li Qiang said that China's intelligent connected NEVs have formed a leading edge in market competition and open cooperation, and efforts must continue to be made to maintain and develop their advantages; ② Li Qiang stressed that the current NEV market in China and the global market continues to grow.
BYD's Profit Rose Despite Price Cuts
By Jiahui Huang BYD posted higher quarterly profit as a rise in sales of its popular electric vehicles helped offset the effects of an intensifying price war in China. The Warren Buffett-backed auto
BYD's Net Profit in Q1 Down 47% From Q4 as Sales Decline
BYD reported net profit of RMB 4.57 billion in the first quarter, up 10.62 percent year-on-year, but down 47.33 percent from the fourth quarter of 2023.
二零二四年第一季度報告
Express News | BYD Electronics: First quarter revenue of 36.48 billion yuan, up 38.31% year on year; net profit of 610 million yuan, up 33.01% year on year.
Express News | Ministry of Industry and Information Technology: Documents such as the Management Measures for the Comprehensive Utilization of New Energy Vehicle Power Batteries are being studied and drafted as soon as possible
Hong Kong Market Overview | The Hang Seng Index has risen six times in a row! Domestic housing stocks strengthened across the board, and Shimao Group soared more than 60%
Auto stocks improved. Evergrande Auto rose nearly 12%, and Zero Run rose more than 8%; big financial stocks generally rose, AIA Insurance rose more than 6%, and the Bank of China rose nearly 5%.
BYD Margins in Focus After Price Cuts -- Earnings Preview
Warren Buffett-backed BYD, the world's top seller of electric vehicles, is scheduled to report results for the first quarter on Monday.
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and insurance stocks rose, Sunac China rose nearly 24%, and AIA Insurance rose nearly 8%
Technet stocks had mixed ups and downs. NetEase rose nearly 3%, Meituan fell nearly 3%; auto stocks rose one after another, with Zero Running up more than 9%, and Xiaopeng Motors rising nearly 5%.
Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low
While fears of a Chinese EV invasion grip the United States, a surprising trend has emerged: China's top electric vehicle maker, BYD Co. (OTC:BYDDY) (OTC:BYDDF), isn't flooding Europe with bargain-basement cars. Instead, it's charging significantly higher prices compared to their home market, raking in hefty profits.
April 26 Repurchase Collection | Hang Seng Bank, Swire Group A and others bought back one after another. Of these, Hang Seng Bank spent HK$61.74,141 million
According to HKEx's April 29 disclosure documents, $Hang Seng Bank (00011.HK) $ and $Swire Group A (00019.HK) $ repurchased shares. ① $Hang Seng Bank (00011.HK) $ repurchased 600,000 common shares on April 26, involving an amount of HK$6,1714,400. The repurchase price per share ranged from HK$103.3 to HK$102.2. The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) was 6.314 million shares, accounting for 0.33% of the number of shares issued when the ordinary resolution was passed. ② $too
Express News | BYD officially unveils five models in Qatar to accelerate electrification transformation in the Middle East
How much can NEV stocks benefit from trade-in to inject strength into the automobile market?
The trade-in subsidy is stronger than the previous policy concessions, and the effect of driving sales will exceed expectations!
Express News | CITIC Securities: “Trade-in” subsidy implemented to recommend the oversized car sector
Express News | Beijing supports car scrapping and renewal with a maximum subsidy of 10,000 yuan
Express News | Passenger Federation: The wholesale volume of passenger cars in March was 2.195,000 units, showing double-digit year-on-year and month-on-month increases
Express News | Musk says he is happy to see China's trams making progress
Express News | China Automobile Association: 76 models from 6 companies including BYD, Ideal, Lotus, Hezhong New Energy, Tesla, and NIO meet 4 safety requirements for automobile data processing
Express News | Yichang BYD Industrial Co., Ltd. plans to cancel
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