On September 29, BYD COMPANY fell 3.02% in regular trading, trading at HKD 75.4 per share, with turnover of HKD 468 million.

On the news front, BlackRock recently reduced its H-share holdings in BYD COMPANY by approximately 11.26 million shares via an off-market transaction involving non-cash assets, lowering its long position from 7.05% to 6.74%. Post-transaction, BlackRock holds approximately 248 million shares. Additionally, BYD previously disclosed a recall of over 180,000 vehicles involving brake pedal stopper safety concerns across Tang and Qin series models, weighing on short-term sentiment.

The broader Automobile Manufacturers sector saw notable weakness. Among peers, GEELY AUTO dropped 8.23%, XPENG-W fell 2.86%, and LI AUTO-W declined 2.58%.

On the fundamental side, Citigroup recently raised its export forecast for BYD, noting September wholesale momentum improved with daily volumes up 11% month-over-month. The company acknowledged strong order demand for its flash-charging models, though delivery timelines have extended as second-generation Blade Battery capacity continues ramping up.

(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.)