Selected one
liked
Selected one
liked
Recently discovered $BYD ELECTRONIC INTERNATIONAL CO. LT UNSPON ADR EA REPR 50 ORD HKD0.00 (BYDIY.US)$ that progress in the Business sector has been quite rapid. The growth potential of BYD Electronics' Automobile business in the coming years is expected to be promising. In fact, this company initially started with mobile phone components, but after entering the automobile field, it seems to have found a new growth momentum. Especially with the strong support from its parent company BYD, their automotive electronics business should experience a wave of growth.
Currently, BYD Electronics' second largest Business is the automotive electronics department, which accounted for about 10% of total revenue in 2023. It is important to note that BYD Electronics' mobile phone Business still occupies a majority of the income source, whereas the automobile Business, although smaller in scale, has growth potential that is very noteworthy. This segment is likely to expand rapidly in the coming years and may ultimately account for about one-fifth of the company's revenue.
Why is this happening? Because BYD Electronics' parent company BYD is one of China's largest new energy automobile manufacturers, and their car sales have been steadily increasing. In 2023, BYD's sales increased by over 40%, exceeding the management's expectations. The expected sales growth in the coming years is also quite bullish. As a result, for BYD Electronics, a subsidiary of the parent company, the future demand for electronic components...
Currently, BYD Electronics' second largest Business is the automotive electronics department, which accounted for about 10% of total revenue in 2023. It is important to note that BYD Electronics' mobile phone Business still occupies a majority of the income source, whereas the automobile Business, although smaller in scale, has growth potential that is very noteworthy. This segment is likely to expand rapidly in the coming years and may ultimately account for about one-fifth of the company's revenue.
Why is this happening? Because BYD Electronics' parent company BYD is one of China's largest new energy automobile manufacturers, and their car sales have been steadily increasing. In 2023, BYD's sales increased by over 40%, exceeding the management's expectations. The expected sales growth in the coming years is also quite bullish. As a result, for BYD Electronics, a subsidiary of the parent company, the future demand for electronic components...
Translated
10
Selected one
liked
$USD (USDindex.FX)$ Rising wedge broke the channel support as expected and is targeting roughly 105.50-105.70 to the downside over the next week or so, which just so happens to be near the previous, very strong resistance in green. Will it confirm as new support?
On the short term there is a mini falling wedge basically targeting the previous support of the channel, around ~108.90-109. Will it confirm as resistance? We'll see.
The Bank of Japan is expected to raise interest rates by 25 basis po...
On the short term there is a mini falling wedge basically targeting the previous support of the channel, around ~108.90-109. Will it confirm as resistance? We'll see.
The Bank of Japan is expected to raise interest rates by 25 basis po...
From YouTube
12
Selected one
liked
Selected one
liked
$Tesla (TSLA.US)$
2024 has been a rough year for electric vehicle (EV) sales. Consumer interest in all-electric vehicles has waned in the United States and Europe, while a wave of EV interest among Chinese consumers has been almost wholly captured by domestic manufacturers. That’s the story we’'ve seen so far, anyway.
Now, new data from the European Automobile Manufacturers' Association (ACEA) suggests that the picture of EV deman...
2024 has been a rough year for electric vehicle (EV) sales. Consumer interest in all-electric vehicles has waned in the United States and Europe, while a wave of EV interest among Chinese consumers has been almost wholly captured by domestic manufacturers. That’s the story we’'ve seen so far, anyway.
Now, new data from the European Automobile Manufacturers' Association (ACEA) suggests that the picture of EV deman...
16
18
1
Selected one
liked
As President Trump begins his new term, the financial world is abuzz with speculation and excitement about what his administration’s policies will bring. From potential tax reforms and regulatory changes to geopolitical strategies and trade deals, the market is gearing up for significant shifts that could define the next four years.
The Trump administration’s focus on bolstering American industries, defending internal and external threats, pro...
The Trump administration’s focus on bolstering American industries, defending internal and external threats, pro...
+2
25
6
Selected one
liked
Grab your popcorn, folks - Donald Trump is back, and this time, he's setting his sights on Wall Street. The man who brought us “Make America Great Again” is now rolling out a sequel: Make the Stock Market Great Again! So, what does this mean for the stock market, and more importantly, how it affects us in the stock market?
Don't get me wrong, we do have great year of 2023 and 2024 with amazing returns in stock market. I have gotten about $250k profi...
Don't get me wrong, we do have great year of 2023 and 2024 with amazing returns in stock market. I have gotten about $250k profi...
+4
117
21
11