Etiqueta: Hong Kong

Byd Co., Ltd. (OTCMKTS:BYDDY - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,981,500 shares, anincreaseof4,486.8% from the July 15th total of 43,200 shares. Currently,0.0% of the company's shares are sold short. Based on an average trading volume of 4,716,800 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 4,716,800 shares, the short-interest ratio is presently 0.4 days. Currently,0.0% of the company's shares are sold short.

The company’s market share in China surpassed 10% for the first time in the first half of this year, only 4% behind the country’s top seller of automobiles, BYD.

Automobile sales revenue marginally outperformed expectations, yet the overall average selling price of cars continues to decline year - on - year.

The Yuan Up has been renamed Atto 2 in Hong Kong, with a starting price of 155,000 Hong Kong dollars ($19,750).

Geely Automobile Holdings Ltd.’s first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider Chinese auto industry faces regulatory scrutiny over a long-running price war.

Chinese brands are making major inroads in the Southeast Asian city-state as they shed their image as cheap knockoffs.

China National Railway Group (CR), the nation's railway operator, said that to better serve and support Chinese modernization, building a world-class railway enterprise in China is vital.

The Atto 2 offers a range of up to 254 miles on a single charge and can recharge from 10% to 80% in just 38 minutes.

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