Berkshire continues to reduce its shareholding in BYD, with its holdings falling below 5%!

According to analysis, once the shareholding ratio drops to 5%, Buffett will accelerate the pace of shareholding reduction, because shareholding reduction by shareholders with less than 5% shareholding does not require disclosure.

wallstreetcn06:51 ET

FAW-Volkswagen is going to fight a tough battle.

Eager to break through.

wallstreetcnJul 16 06:00 ET

Sodium-electric and semi-solid, half flame and half seawater | Jianzhi Research

Thanks to the new energy autos achieving a record high in delivery, the production, sales and installation volume of power batteries also hit a new high in June this year in all dimensions.

wallstreetcnJul 11 06:18 ET

BYD Company Limited is expanding globally and will deliver nearly 6 million vehicles annually in two years, approaching the levels of Toyota and Volkswagen.

BYD Company Limited's journey to expand overseas is creating new opportunities for the company. JPMorgan believes that in the next 1-2 years, BYD's global expansion and potential growth opportunities in plug-in hybrid vehicles will drive a revaluation of its stock price. This week, China's electric vehicle giant BYD announced plans to invest $1 billion to build a factory in Turkey with an annual production capacity of 150,000 electric vehicles, which is expected to start production by the end of 2026.

wallstreetcnJul 11 02:02 ET

Has the pig cycle reversed? "Top pig farmer" Muyuan Foods is expected to turn a profit in the first half of the year, with quarterly profits exceeding 3 billion!

Is it finally the turning point for the hog cycle as "Second Brother" rebounds and listed pig companies forecast a return to profit? On Wednesday evening, listed pig breeding enterprise Muyuan Foods announced its performance forecast for the first half of 2024. The announcement indicated that Muyuan Foods is expected to achieve a net profit attributable to shareholders of RMB 0.7-0.9 billion in the first half of 2024, reversing its losses from the same period last year. The basic earnings per share will be between RMB 0.13 and RMB 0.17, compared to a loss of RMB 0.52 per share during the same period last year. The company stated that the main reason for the return to profit in the first half of 2024 was the increase in the number of hogs sold and the average selling price of hogs, as well as the decrease in the cost of hog farming during the reporting period.

wallstreetcnJul 10 09:11 ET

BYD Has Its Eyes Set On Conquering Europe

On Monday, BYD Company Limited (OTC:BYDDY) signed a deal to open a $1 billion electric-vehicle factory in Turkey, directly threatening the dominance of Tesla Inc (NASDAQ:TSLA) in several European

BenzingaJul 9 10:25 ET