Market Chatter: BYD, Chery in Advanced Negotiations for Construction of EV Factories in Turkey
BYD (HKG:1211, SHE:002594) and Chery Automobile are in advanced talks with the Turkish government for the establishment of electric vehicle factories in the country, Bloomberg News reported Friday. Tu
Express News | Three departments including the Ministry of Industry and Information Technology jointly held a vehicle audio and video management work meeting
Market Chatter: BYD Refutes Reports Its Vehicle Started Fire in Facility
BYD (HKG:1211, SHE:002594) denied allegations its electric vehicle started the fire at the company's 4S or sale, spare parts, service, and survey facility in Fuzhou, Yicai Global reported Friday. The
A quick look at the Hong Kong market | The three major indices fluctuated and closed higher. Non-ferrous metals stocks rose across the board, China Gold International rose nearly 8%, and China Silver Group soared more than 54%
Auto stocks rose one after another. Xiaopeng Motor rose more than 7%, Zero Sports Auto rose nearly 7%; coal stocks rose one after another; Yancoal Australia rose nearly 6%, and China Coal Energy rose nearly 4%.
Research Report Nuggets丨Changjiang Securities: BYD's profitability is expected to remain high and maintain a “buy” rating
Gelonghui, May 20 | Changjiang Securities Research Report pointed out that under the influence of channel inventory adjustments affecting wholesale sales scale, bicycle depreciation and increased discount pressure, BYD (002594.SZ) still achieved steady growth in the first quarter, and its leading position was stable. Since the beginning of the year, the company has continued to optimize channel inventory, and orders for Honor models have been booming. With “lower electricity than fuel”, it has accelerated its share of fuel vehicles. Wholesale sales returned to 300,000 units+in March. The company will usher in a new year of new technology and new products in 2024. With the support of the DM5.0 and e 4.0 platforms, Dynasty Ocean Network will usher in a facelift, continue to upgrade its product capabilities, and stand firm
Foreign Markets Eager for Chinese-built Cars
Chinese automakers have sped up efforts to expand in overseas markets despite a challenging environment.
Cathay Junan Securities: Smart cars work together to integrate die-casting to expand the potential space for “lightweight” automobiles
The Zhitong Finance App learned that Guotai Junan Securities released a research report commenting on the smart car integrated technology industry. The team believes that achieving “lightweighting” through integrated technology is an important technological development direction for smart cars to improve battery life and reduce energy consumption.
Hong Kong Stock Afternoon Review | The three major indices rose one after another. Auto stocks and gold stocks strengthened. Xiaopeng Motor rose nearly 8%, and Lingbao Gold rose more than 10%
Technology Network stocks had mixed ups and downs. Jingdong rose more than 3%, Baidu fell nearly 3%; copper stocks rose sharply, Wanguo International Mining rose more than 7%, and Minmetals Resources rose more than 6%.
Express News | Ministry of Industry and Information Technology: Four advantages form the competitiveness of China's NEV industry
Express News | National Development and Reform Commission: Take more measures to consolidate and expand the development advantages of the NEV industry
Intraday Overview | Tech Index rose nearly 1%, non-ferrous metals stocks and auto stocks strengthened, Lingbao Gold rose nearly 12%, and Xiaopeng Motor rose more than 8%
The Hang Seng Index rose 0.57% and the Tech Index rose 0.92%; TechNet stocks had mixed ups and downs; Bilibili rose nearly 3%, JD.com and NetEase rose about 2%, Baidu fell more than 3%, and Meituan fell nearly 2%; gaming stocks rose, and Aobo Holdings and Galaxy Entertainment rose about 4%.
J.P. Morgan Auto Industry Survey: “Price War” Shifting to “Configuration War”
As China's car market rolls to new heights, what are the changes in consumer trends in the automotive sector?
Cui Dongshu: The proportion of power battery production loaded vehicles continued to decline and fell to 46% in January-April
In the past two years, the NEV and energy storage industry has been booming. Demand for batteries has increased rapidly, and the share of batteries loaded for new energy vehicles has declined.
BYD Company ADR To Go Ex-Dividend On June 12th, 2024 With 0.85786 USD Dividend Per Share
May 18th - $BYD Company ADR(BYDDY.US)$ is trading ex-dividend on June 12th, 2024. Shareholders of record on June 12th, 2024 will receive 0.85786 USD dividend per share on August 21st, 2024. The ex
Express News | China Rare Earth Group signs strategic cooperation agreements with China Electronics, China Resources Group, CGN, BYD, and Huawei
Express News | Report: Turkey has in-depth negotiations with BYD and Chery to invest in the construction of electric vehicle factories
Express News | BYD Electronics will be included in the Hong Kong Hang Seng Index.
Express News | Turkish Government: In-depth negotiations are ongoing with BYD and Chery Automobile to invest in the construction of the plant
BYD's Gross Profit Margin Likely to Sustain -- Market Talk
0616 GMT - BYD's strong gross profit margin may sustain and lead the industry for longer given its strong cost advantage on lower battery costs, competitive local supply chain and economies of scale,
Express News | Chilean officials and BYD have both clarified that the local lithium cathode project has not been shelved: they are choosing the right site to build the plant
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