Beaten Down Chinese EV Stocks: Making a Comeback? Into BYD now!
The recent rise of $XIAOMI-W(01810.HK$ Xiaomi stock (up 12% in a single day driven by the launch of Xiaomi EV model on March 28, 2024) gave a boost to the $Hang Seng TECH Index(800700.HK$. Many EV stocks like $BYD COMPANY(01211.HK$ and $LI AUTO-W(02015.HK$ recovered as well.
In this video, I will analyse BYD if it signals a comeback for other beaten-down Chinese electric vehicle (EV) companies. We'll explore whether BYD is poised to follow a similar trajectory and look at key levels in BYD.
Short-term tradeable instruments:
$BYD MB eCW240703(V2BW.SG$ Warrants
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SGX Academy Trainer | International Speaker | Angel Investor | Automated System Developer | Made first pot Gold at 18
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