Li Yunfei of BYD: corporate competition is like playing cards, one should act according to their ability and not destroy the rules because of temporary gains and losses.

During June 6th and June 8th, Li Yunfei, the General Manager of Brand and Public Relations Department of BYD Company Limited, delivered a speech at the 2024 China Auto Chongqing Forum (CACS2024). Li Yunfei pointed out that in terms of price wars, companies should act according to their abilities due to their different sizes and situations. He looked back at the past two years, during which many auto companies, including BYD, had to raise prices due to the reduction of subsidies and the increase in raw material costs. However, with the decrease in raw material prices, price reductions are now possible. As for consumers, he emphasized that companies should not fool consumers, but should provide better services.

wallstreetcnJun 7 12:21 ET

Nio Provides A Glimmer Of Hope With Margin Improvements And Optimistic EV Delivery Outlook

On Thursday, Nio Inc (NYSE:NIO) issued its unaudited first fiscal quarter results that showed its financials were hurt by promotional activity and the price war Tesla Inc (NASDAQ:TSLA) ignited, as los

BenzingaJun 7 11:43 ET

BYD Company will distribute a final dividend of HKD 3.4039 per share on August 6th.

BYD Company (01211) announced that it will distribute a dividend of HKD 3.4039 per share for the fiscal year ending December 31, 2023 on August 6, 2024.

新浪港股Jun 6 20:39 ET

[Special guest Big V] Guo Jiayao: Investors continue to watch for mainland policy news, expecting the market situation to maintain a fluctuating pattern.

Jingu Financial News | Individual developments in the U.S. stock market on Thursday, the market is waiting for the release of non-agricultural job figures. The market started off well, with the S&P 500 index and NASDAQ once again hitting historic highs, followed by a pullback, and the three major indices closed up and down. The U.S. dollar fluctuated back and forth, with 10-year U.S. bond yields remaining at 4.28 basis points. Gold prices improved significantly, and oil prices continued to rebound. Hong Kong pre-trading securities generally rose, and it is expected that the market will follow suit and open high in the early stages. The mainland stock market fell yesterday, with the Shanghai Composite Index opening high and falling low, closing down 0.5%, and the turnover of the Shanghai and Shenzhen markets increased slightly. Hong Kong stocks continued to fluctuate narrowly, with the market anticipating an increase in external interest rate cuts.

金吾財訊Jun 6 20:10 ET

Why should we learn BYD instead of Huawei?

Author: Meng Xiao. The main text has a total of 5192 words, and the estimated reading time is 13 minutes. BYD Qin is called a Chinese industrial miracle by netizens, and for good reason. Recently, BYD has been extremely popular, with its Qin L DM-i's range of over 2,100 kilometers being all over social media and portal websites. This news has even caused a sensation overseas. In fact, the power consumption and fuel consumption announced by BYD are somewhat conservative. According to Yiche.com, Pacific Auto, and many well-known car evaluators, there are six routes from Xi'an to Hami, Xi'an to Changchun, and Xi'an to Shenzhen for testing the BYD Qin L DM-i.

businesstimes cnJun 6 18:00 ET

BYD COMPANY To Go Ex-Dividend On June 11th, 2024 With 3.4039 HKD Dividend Per Share

June 6th - $BYD COMPANY(01211.HK)$ is trading ex-dividend on June 11th, 2024. Shareholders of record on June 12th, 2024 will receive 3.4039 HKD dividend per share on August 6th, 2024. The ex-divid

moomoo NewsJun 6 09:50 ET