On September 25, BYD COMPANY fell 3.14% in regular trading, trading at 77.2 HKD/share, with turnover of approximately 160 million HKD. The decline came amid broad-based weakness across the Automobile Manufacturers sector.
Short-selling pressure on BYD COMPANY has been notable. Data from the Hong Kong Stock Exchange showed that on September 23, BYD COMPANY recorded a short-selling ratio of 39.36%, ranking among the highest in the auto sector, with short-selling turnover reaching 336 million HKD. The short-selling ratio deviation from its 30-day average stood at 42.13%, suggesting a sharp increase in bearish positioning.
Adding to sector headwinds, September domestic new energy vehicle retail sales are projected to decline approximately 12-14% year-over-year, reflecting relatively subdued demand compared to the prior year. Within the Automobile Manufacturers sector, stocks declined broadly: LEAPMOTOR down 3.77%, LI AUTO-W down 3.04%, CHERY AUTO down 2.56%, XPENG-W down 2.54%, and GEELY AUTO down 2.28%.
(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.)