Movement Alert|BYD Company Rises 4.97% in Regular Trading, June Sales Rebound and Poland Energy Storage Deal Boost Sentiment

Market Focus
Jul 02

On July 2, BYD Company rose 4.97% in regular trading, trading at HK$78.2/share, with turnover of HK$655 million.

On the news front, BYD disclosed its June production and sales report on July 1, showing new energy vehicle sales of 403,472 units, up 5.46% year-over-year, with both monthly production and sales surpassing the 400,000-unit mark for the first time, continuing a sequential improvement trend. June NEV exports reached 175,349 units. However, cumulative sales for the first half totaled 1,808,511 units, down 15.72% year-over-year. Additionally, the company announced the signing of Poland's largest energy storage project on the same day, marking further progress in its overseas energy storage business expansion.

Within the Automobile Manufacturers sector, peers also traded higher. Among individual stocks, XPENG-W up 5.82%, LI AUTO-W up 5.60%, GEELY AUTO up 4.09%, LEAPMOTOR up 5.16%, GWMOTOR up 0.98%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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