(Bloomberg)-Zarada byd Co. Later on Monday, it could be a factor that cemented the location of the electric vehicle leader as the most respected Chinese supplies without a state.
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For the first time this month, the BYD market value surpassed the value of contemporary AMPEREX Technology Co., reaching Thursday 1.2 trillion Juan ($ 168 billion). But 7% of the shares on Friday – Bed -Ov from August 2022 – returned place 1 to Catl. Byd is now trading with about 20 times earnings for the next year, below the three -year average, and is compared to almost 83 times for Peer Tesla Inc.
Reminding is a reminder of how many proportions are vulnerable regulatory and geopolitical risks. Before Friday, BYD increased more than 40%this year, reaching a number of records while the company discovered a number of new technology upgrading models in its battery system and the functionalities of smart driving. On the other hand, Catl Diva dropped a little, with a market value of about 1.1 trillion Juan.
As byd and Catl are fighting for the dominance on the market, the car manufacturer’s earnings can make a difference. Investors will carefully look at their goals for year -round sales and exports, as well as any update on how his aggressive price strategy affects the gain per vehicle. Price traders are in 4.5% of Hong Kong moves, after release, more than an average fluctuation of 3% after the last eight three -month reports.
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