81211 BYD COMPANY-R
- 230.200
- +3.600+1.59%
BYD COMPANY-R News
Market Chatter: BYD Opens 90 Stores in Japan
BYD (HKG:1211, SHE:002594) opened 90 stores in Japan and sold 1,084 cars in the country during the first half, The Standard reported Monday.The Chinese electric vehicle maker holds 2.7% of the
Hong Kong stock concept tracking|National Conference will propose further promotion of large-scale equipment updates! Helping to launch a new cycle of Zhu Gelan, related industries have larger repair space (with concept stocks).
On July 19, the State Council held an executive meeting, which proposed to study and increase support for large-scale equipment updates and the policy of trading in old products for new ones.
BYD Company (01211): The ex-dividend date of A shares is July 29th.
BYD Company (01211) announced the equity distribution plan for the year 2023, distributing cash dividends to all shareholders in a ratio of 1:10.
Beijing Offers Extra 20,000 EV Quotas in 1st Relaxation of Car Purchase Policy Since 2011
The 20,000 quotas are additional to the original 80,000 quotas and can only be used to purchase purely electric vehicles. For details, please visit CnEVPost.
Market Chatter: BYD Enters Vietnam With Three EV Models, to Open 13 Dealerships
Chinese electric vehicle giant BYD (HKG:1211, SHE:002594) will open 13 dealerships in Vietnam on Saturday as it plans to have 100 dealerships in the country by 2026, Reuters reported Thursday, citing Vo Minh Luc, chief operations officer for BYD Vietnam.
Cui Dongshu: Purchasing enthusiasm is gradually released. In June, the retail penetration rate of electric vehicles reached 49%.
Cui Dongshu stated in an article that in the second quarter, the domestic retail penetration rate of electric vehicles increased by 13 percentage points year-on-year, reaching 49% in June.
BYD Denza Opens Its 1st Showroom in Cambodia
Denza's first showroom in Cambodia opened on July 14 and it completed the first local delivery of the D9 MPV. For details, please visit CnEVPost.
Shenzhen NEV Penetration Reaches Record 77.4% in Jun
The new energy-vehicle (NEV) penetration rate in Shenzhen, in southern China's Guangdong province, is approaching 80 percent, meaning that just over 20 percent of new car purchases are made with traditional combustion engine vehicles.
The surplus situation is difficult to change, and the price of lithium carbonate continues to decline! How long can the cost line of 0.08 million yuan/ton last?
Approaching the cost line
BYD Launches 3 BEV Models in Vietnam
BYD will launch three additional new models in Vietnam in October and plans to expand its dealerships to 100 by 2026. For details, please visit CnEVPost.
Soochow Securities: domestic forklift lithium battery short delivery advantage can be sustained, bullish on increasing market share and structural optimization for going abroad.
In 2024, under the trend of tightening eco-friendly policies, the stock of National IV diesel vehicles will replace National II and below diesel vehicles, and the penetration rate of high-value lithium electric forklifts will increase. Domestic sales are expected to continue to grow, optimizing the structure.
Hong Kong stock concept tracking | "vehicle-road cloud integration" policy is bullish with frequent releases, the trillion-dollar market is expected to usher in a booming period (with concept stocks).
CITIC Securities pointed out that as regulations for self-driving industry on both national and local levels gradually improve, each link in the industry chain is expected to accelerate technology research and development and product deployment, benefiting the intelligent automotive industry chain.
The contradiction between supply and demand is prominent! The price of lithium carbonate continues to fall, and the cost line of 80,000 yuan/ton is in danger.
Due to oversupply and continuous insufficient demand, the price of lithium carbonate has been falling steadily in the recent period.
Brokerage Focus: CITIC Securities expects a turbulent upward trend in the A-share market in the second half of the year.
Jingu finance news | CCB international releases its outlook on Hong Kong stock market strategy for the second half of the year. The Hong Kong stock bear market since 2023 ended in January this year and has entered a shaking bull market. The Chinese fundamentals remain moderately repaired, and the policy tone continues to be based on stability. The chance of issuing strong stimulus policies is small, and the "strong production and weak demand" pattern will persist for a while, with a slight fluctuation in corporate profit recovery. The orderly slowdown of inflation and employment in the United States, along with a moderate economic growth, is expected to result in the earliest Fed rate cut in September this year and marginally benefit Hong Kong stock liquidity. The Hang Seng Index is currently at a historically low valuation level, and listed companies are actively buying back and increasing dividends.
Guotou Securities: production and sales volume increased year-on-year, lithium concentrate prices under pressure.
As global lithium mining exploration and production projects are gradually completed and put into operation, the continuous increase in resources has led to stable growth in production and sales of mining companies. However, the continuous decline in sales prices has further boosted sales while dragging down the company's performance.
Jefferies Remains a Buy on BYD Co (BYDDF)
Jefferies analyst Johnson Wan maintained a Buy rating on BYD Co (BYDDF – Research Report) today and set a price target of HK$300.00. The company’s shares closed yesterday at $31.21.
BYD Plans to Build EV Plant in Cambodia With Annual Capacity of 20,000 Units
Cambodia's Prime Minister met with BYD's general manager of the Asia Pacific auto sales head, saying BYD's plant in Cambodia will supply the local market and exports to international markets.
FAW-Volkswagen is going to fight a tough battle.
Eager to break through.
Express News | Cambodian Prime Minister: BYD Company Limited plans to establish a factory in Cambodia, assembling 0.02 million electric vehicles annually.
The Leopard 5 hybrid driving car has set the world record for the highest altitude reach and is crowned the 'King of the Plateau'.
On July 12, according to official information from the Leapmotor company, the Leapmotor's first super hybrid SUV, the Leopard 5, set a new Guinness World Record – the highest altitude reached by driving a hybrid vehicle. With the witness of the Guinness World Record certification officer, the on-site altitude was measured at 5,980.05 meters.
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