Etiqueta: Hong Kong
Behind the Numbers: Is BYD’s Supply Chain Masking Debt?
BYD Co. (1211.HK), the leading Chinese electric vehicle manufacturer, has been flagged for potentially masking its true level of debt through intricate supply chain financing, according to a report by Hong Kong-based GMT Research, cited by Bloomberg. This method, while not uncommon in rapidly expanding companies, has raised concerns about…
BYD’s Supply Chain Financing Masks Ballooning Debt, GMT Says
BYD Co.’s reliance on financing from working capital has masked surging debt levels at the Chinese electric vehicle giant, according to calculations from Hong Kong-…
US ban on Chinese auto tech signals decisive split in global...
One of the last acts of President Joe Biden's administration is to engineer a split in the global auto market. On Tuesday, Washington imposed a ban on the sale and import of connected cars and related technology from China. Concerns over data security are compelling, even if the benefits for General Motors , Ford Motor and others of keeping out both competitors and suppliers remain debatable. That means the policy is likely to last - and could catch on elsewhere.
BYD and Grab Join Forces for Southeast Asia’s EV Expansion
Hong Kong-listed BYD Co. Limited ($HK:1211) has joined forces with Singapore-based Grab to expand their EV (electric vehicle) fleet in Southeast Asia. Through this ...
Short Interest in BYD Company Limited (OTCMKTS:BYDDF) Drops By 49.1%
BYD Company Limited (OTCMKTS:BYDDF - Get Free Report) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 608,300 shares, a decline of 49.1% from the December 15th total of 1,195,800 shares. Based on an average daily volume of 95,600 shares, the short-interest ratio is currently 6.4 days.
BYD Hefei sets sail as NEV maker’s 3rd car carrier joins...
BYD Hefei set sail today, the second for BYD as shipowner and the third in its fleet.
BYD tops 2024 with record EV sales, reaching 4.3 million units
BYD set a new sales milestone in December, selling 514,809 electric & hybrid vehicles, marking its third consecutive month of increased sales
Short Interest in BYD Company Limited (OTCMKTS:BYDDF) Drops By 48.2%
BYD Company Limited (OTCMKTS:BYDDF - Get Free Report) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,195,800 shares, a decrease of 48.2% from the November 30th total of 2,307,300 shares. Based on an average daily trading volume, of 120,700 shares, the short-interest ratio is currently 9.9 days.
