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BYD COMPANY-R

118.000

+1.4001.20%

Volume:6.50K

Turnover:770.40K

Market Cap:648.41B

PE:25.58

High:119.200

Open:118.800

Low:118.000

Close:116.600

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Overview Company News Filings

Market Chatter: China's Geely Launches in UK, First Model to Be Electric EX5 SUV

MT Newswires Live

Market Chatter: BYD Shelves Mexico Plant Amid US Trade Tensions, Shift Focus to Brazil

MT Newswires Live

BYD's Fangchengbao Brand: Raises Price for Huawei Qiankun Ads Package to 32,000 Yuan on One-Time Purchase, Limited-Time Offer at 12,000 Yuan When Ordered in July

THOMSON REUTERS

BYD, XPeng, and NIO Deliveries Jump. Why Tesla Is Under Pressure. -- Barrons.com

BYD Co - Oversea Sales Volume of New Energy Vehicle Achieved 90,049 Units for Month of June

THOMSON REUTERS

Market Chatter: Car Dealers in China's Yangtze Delta Region Flag 'Severe Challenges'

Li Auto Faces Headwind From Rising Competition in 2H -- Market Talk

EXCLUSIVE-BYD slows production, delays capacity expansion at China factories, sources say

BYD Seems Better Positioned in Domestic Price War -- Market Talk

HK-Listed Shares of BYD Give up Earlier Gains to Fall Nearly 1% After Reuters Reports the Firm Slows Production, Delays Capacity Expansion

THOMSON REUTERS

Market Chatter: Some Chinese Local Governments Halt Car Purchase Subsidies on Fund Crunch

MT Newswires Live

BRIEF-Morgan Stanley's Long Position In H Shares Of BYD Decreases To 3.56% On June 10 From 5.00% - HKEX

Morgan Stanley Decreases Long Position in H Shares of BYD Co to 3.56% on June 10 From 5.00% - HKEX

THOMSON REUTERS

BRIEF-JPMorgan Chase & Co Decreases Long Position In H Shares Of BYD To 3.38% On June 11 From 5.66% - HKEX

BRIEF-Morgan Stanley Increases Short Position In H Shares Of BYD To 4.25% On June 10 From 3.35% - HKEX

Morgan Stanley Increases Long Position in H Shares of BYD Co to 5.0% on June 10 From 3.41% - HKEX

THOMSON REUTERS

JPMorgan Chase & Co Decreases Long Position in H Shares of BYD Co to 3.38% on June 11 From 5.66% - HKEX

THOMSON REUTERS

Market Chatter: Chinese Automakers Pledge to Pay Suppliers Within 60 Days

MT Newswires Live

China's EV Sector Will Remain Competitive -- Market Talk

Market Chatter: Geely Automobile to Halt Building New Car Factories as Global Overcapacity Bites

MT Newswires Live

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/stock/81211/news?page=2"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental","symbol":"81211","isAnalysisPage":false},"__swrFallback__":{"@#url:\"https://hq.skytigris.cn/stock_info/detail/global\",params:#delay:false,,method:\"POST\",data:#items:@#symbol:\"81211\",,,,,undefined,":{"symbol":"81211","market":"HK","secType":"STK","nameCN":"BYD COMPANY-R","latestPrice":118,"timestamp":1753151105243,"preClose":116.6,"halted":0,"volume":6500,"delay":0,"floatShares":3683000000,"shares":5495000000,"eps":4.612539,"marketStatus":"Trading","change":1.4,"latestTime":"07-22 10:26:07","open":118.8,"high":119.2,"low":118,"amount":770400,"amplitude":0.010292,"askPrice":118,"askSize":7500,"bidPrice":117.8,"bidSize":5000,"shortable":3,"etf":0,"ttmEps":5.127842,"tradingStatus":2,"nextMarketStatus":{"tag":"Noon Closed","tradingStatus":4,"beginTime":1753156800000},"marketStatusCode":2,"adr":0,"listingDate":1028044800000,"exchange":"SEHK","adjPreClose":116.6,"dividendRate":0.011226,"openAndCloseTimeList":[[1753147800000,1753156800000],[1753160400000,1753171200000]],"volumeRatio":2.726926,"lotSize":500,"spreadScale":0,"tradeCurrency":"CNY","astockBrief":{"symbol":"002594","market":"SZ","secType":"STK","nameCN":"Byd Company Limited","latestPrice":333.31,"timestamp":1753151166000,"preClose":334.12,"halted":0,"volume":8187800,"delay":0,"premium":"-67.66"}},"@#url:\"https://hq.skytigris.cn/stock_info/fundamental/all\",params:#delay:false,,method:\"POST\",data:#items:@#symbol:\"81211\",,,,,undefined,":{"symbol":"81211","floatShares":3683000000,"roa":"4.03%","roe":"23.07%","lyrEps":4.612539,"volumeRatio":2.726926,"shares":5495000000,"dividePrice":1.3247,"high":119.2,"amplitude":0.010292,"preClose":116.6,"low":118,"week52Low":84.069,"pbRate":"2.78","psRate":"0.79","week52High":197.359,"institutionHeld":0,"latestPrice":118,"committee":-0.2,"eps":4.612539,"divideRate":0.011226,"volume":6500,"delay":0,"ttmEps":5.127842,"open":118.8,"prevYearClose":113.111,"prevWeekClose":115.5,"prevMonthClose":111.7,"prevQuarterClose":111.7,"fiveDayClose":112.4,"twentyDayClose":115.4,"sixtyDayClose":164.631},"$inf$@#url:\"https://stock-news.skytigris.cn/v2/news/list\",params:#symbols:\"81211\",pageSize:20,pageCount:2,lang_content:\"en\",edition:\"fundamental\",,,undefined,":[{"items":[{"id":"2548879594","title":"Market Chatter: China's Geely Launches in UK, First Model to Be Electric EX5 SUV","url":"https://stock-news.laohu8.com/highlight/detail?id=2548879594","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548879594?lang=en_us&edition=fundamental","pubTime":"2025-07-03 16:25","pubTimestamp":1751531121,"startTime":"0","endTime":"0","summary":"Chinese automaker Geely is launching its Geely brand in the UK, with the electric EX5 SUV set to go on sale in the fourth quarter, Reuters reported Wednesday.The EX5 is still undergoing \"intensive development work\" to meet the expectations of UK car buyers and will be the first in a \"diverse range of high-quality, accessible vehicles tailored for the UK,\" Geely said in a statement, according to Reuters.The company joins other Chinese brands that have entered the UK market, including BYD , Chery's Omoda and Jaecoo marques, and Xpeng , the report said.Britain is Europe's largest electric vehicle market and, unlike the European Union, has not imposed tariffs on Chinese-made EVs, Reuters said. Geely has also announced plans to launch the EX5 in several other markets, including Australia, Brazil, and Poland.Geely's other units, Volvo Cars, Lotus, and Polestar, are already active in the UK.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0165289439.USD","LU0823414551.USD","EVS.SI","LU0449509016.USD","LU0708995583.HKD","LU0326950275.SGD","SG9999015978.USD","LU1282651121.HKD","LU2476274308.USD","LU0469268626.HKD","SG9999006514.SGD","002594","LU2449936058.SGD","LU0819123356.HKD","LU0043850808.USD","LU0594300179.USD","LU0254981946.USD","LU1868837565.USD","SG9999015986.USD","LU0143863784.USD","GELYY","00175","LU0828238088.HKD","LU0516423091.SGD","LU0572944931.SGD","LU1023057109.AUD","LU1813983027.USD","IE00BD6J9T35.USD","LU0327786744.USD","BK1119","LU0516422366.SGD","LU0314109678.HKD","HYDD.SI","LU0084288322.USD","LU1242518857.USD","BK1588","LU0516422440.USD","LU1328277881.USD","LU2506951792.HKD","LU0259732245.USD","BYDDY","SG9999001226.SGD","LU0164865239.USD","BK1587","BK1539","80175","LU2476274720.SGD","81211"],"gpt_icon":1},{"id":"2548823057","title":"Market Chatter: BYD Shelves Mexico Plant Amid US Trade Tensions, Shift Focus to Brazil","url":"https://stock-news.laohu8.com/highlight/detail?id=2548823057","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548823057?lang=en_us&edition=fundamental","pubTime":"2025-07-03 11:15","pubTimestamp":1751512533,"startTime":"0","endTime":"0","summary":"BYD  has paused plans to build a plant in Mexico due to geopolitical uncertainty and US trade tensions under Donald Trump's policies, Bloomberg News reported Thursday.The electric vehicle maker's executive vice president, Stella Li, said the company seeks clarity before investing, according to the report.BYD is shifting focus to Brazil, where it just opened its first factory outside Asia, Bloomberg wrote. The plant in Bahia will assemble partially built vehicles from China, starting commercial production within two months.Once operational, the Camaari factory will have an annual production capacity of 150,000 vehicles, with plans to ramp up to 300,000 around two years later.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0449515922.USD","EVS.SI","LU1242518931.SGD","BK0188","LU0540923850.HKD","LU0326950275.SGD","01211","LU1997245177.USD","LU0164872284.USD","LU2097828631.EUR","SG9999002828.SGD","SG9999015978.USD","LU2476274308.USD","LU0143863198.USD","LU0469268626.HKD","LU0359201612.USD","002594","LU0269904917.USD","LU1961090484.USD","LU0819123356.HKD","SG9999015945.SGD","LU0463099449.HKD","LU0633140560.USD","LU1580142542.USD","BK0072","LU0828238088.HKD","LU0823426308.USD","LU0054450605.USD","LU0320764599.SGD","LU1023057109.AUD","LU1251922891.USD","LU1997245094.SGD","LU1064130708.USD","IE00BD6J9T35.USD","LU0417516738.SGD","LU0359202008.SGD","LU0516422366.SGD","HYDD.SI","LU0244354667.USD","LU2506951792.HKD","LU0289739343.SGD","BYDDY","LU0289961442.SGD","LU0509642566.USD","LU2357125470.USD","LU2476274720.SGD","LU2097828557.USD","LU0511384066.AUD","LU2348774022.SGD","81211"],"gpt_icon":1},{"id":"2548906838","title":"BYD's Fangchengbao Brand: Raises Price for Huawei Qiankun Ads Package to 32,000 Yuan on One-Time Purchase, Limited-Time Offer at 12,000 Yuan When Ordered in July","url":"https://stock-news.laohu8.com/highlight/detail?id=2548906838","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548906838?lang=en_us&edition=fundamental","pubTime":"2025-07-02 21:39","pubTimestamp":1751463591,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250702:nP8N3SC0DB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0865486749.SGD","LU0531970944.HKD","LU1064131003.USD","LU1242518857.USD","LU0540923850.HKD","LU1997245177.USD","LU1770034418.SGD","LU0320764599.SGD","SG9999015952.SGD","01211","LU1997245094.SGD","LU0856984785.SGD","LU0165289439.USD","EVS.SI","LU0315178854.USD","BK0264","HYDD.SI","LU0326950275.SGD","002594","LU0214875030.USD","LU0449509016.USD","LU0823038988.USD","LU0289739343.SGD","81211","BK0183","LU0307460666.USD","LU1868837565.USD","LU2097828557.USD","BK1539","LU0594300419.USD","LU2778985437.USD","LU2506951792.HKD","LU0449515922.USD","BK1119","LU2249611893.SGD","LU1861214812.USD","LU0417516738.SGD","LU2294711713.HKD","LU2495084118.USD","LU0359202008.SGD","LU1813983027.USD","LU0289960550.SGD","LU0823039010.USD","LU2580892862.HKD","LU1023057109.AUD","LU2360107325.USD","LU2357125470.USD","LU1064130708.USD","BYDDY","LU1251922891.USD"],"gpt_icon":0},{"id":"2548039000","title":"BYD, XPeng, and NIO Deliveries Jump. Why Tesla Is Under Pressure. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2548039000","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548039000?lang=en_us&edition=fundamental","pubTime":"2025-07-01 19:05","pubTimestamp":1751367900,"startTime":"0","endTime":"0","summary":"Chinese electric-vehicle makers posted strong growth ahead of Tesla's second-quarter deliveries.NIO delivered 24,925 cars in June, up from 21,209 delivered in June 2024. Based on recent guidance, NIO management expected to deliver about 26,000 cars last month. U.S.-listed shares of NIO rose 0.9% in premarket trading.XPeng delivered 34,611 cars in June, up from 10,668 delivered in June 2024. Based on recent guidance, XPeng management expected to deliver about 36,000 cars in June. XPeng gained 1.3% in the premarket session.Li Auto delivered 36,279 cars in June, down from 47,774 delivered in June 2024. Based on recent guidance, Li management expected to deliver about 33,000 cars in June. Li, however, cut guidance late last month. Management's initial expectation implied closer to 50,000 deliveries. American depositary receipts of Li Auto were flat.Coming into Tuesday, Li stock has risen about 13% this year. XPeng stock has posted the strongest growth, its shares have gained about 51%. NIO","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4604","LU0823426480.USD","NIO.SI","XPEV","SG9999002463.SGD","BK0264","BYDDY","LU1861215975.USD","LU2471134523.USD","LU1839511570.USD","LU0039217434.USD","BK4550","LU0823414551.USD","LU1232071149.USD","LU0175139822.USD","LU0594300179.USD","LU0719512351.SGD","LU0588545904.SGD","EVS.SI","LU0823038988.USD","LU1813983027.USD","BK4533","TSYW.SI","LU1868838027.USD","LU2750360997.AUD","002594","NIO","LU0856984785.SGD","LU1861558580.USD","LU1720050803.USD","LU0633140727.USD","BK1119","LU0505663152.USD","BK1539","LU1861559042.SGD","LU1145028129.USD","LU1548497426.USD","LU1914381329.SGD","TSLL","LU0043850808.USD","LU1580142542.USD","81211","LU2357305700.SGD","LU2360107168.USD","LU2471134952.CNY","01211","HYDD.SI","LU1023057109.AUD"],"gpt_icon":1},{"id":"2548070788","title":"BYD Co -  Oversea Sales Volume of New Energy Vehicle Achieved 90,049 Units for Month of June","url":"https://stock-news.laohu8.com/highlight/detail?id=2548070788","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548070788?lang=en_us&edition=fundamental","pubTime":"2025-07-01 18:28","pubTimestamp":1751365720,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nFWN3SY09Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1719994722.HKD","LU0417516738.SGD","LU0348825331.USD","LU0315178854.USD","LU1781817850.SGD","LU0326950275.SGD","LU0593848301.USD","EVS.SI","BYDDY","LU2778985437.USD","BK1540","81211","LU0348827113.USD","LU0463099449.HKD","LU0289960550.SGD","LU0561508036.HKD","LU0269904917.USD","LU0229945570.USD","LU0823414478.USD","LU1794554557.SGD","LU2506951792.HKD","LU0823414551.USD","LU2097828631.EUR","LU1868837722.USD","BK1594","LU0823426480.USD","BK0014","LU0633140727.USD","BK0155","IE00BD6J9T35.USD","HYDD.SI","LU1868838027.USD","LU0449515922.USD","LU2495084118.USD","LU0856984785.SGD","LU2153592121.USD","LU0164872284.USD","LU0359202008.SGD","002594","SG9999015945.SGD","01211","LU2328871848.SGD","LU0314109678.HKD","LU2449936058.SGD","LU1508157978.USD","LU0289739343.SGD","LU2663582299.SGD","LU1997244956.HKD","LU0540923850.HKD","SG9999014674.SGD"],"gpt_icon":0},{"id":"2548052077","title":"Market Chatter: Car Dealers in China's Yangtze Delta Region Flag 'Severe Challenges'","url":"https://stock-news.laohu8.com/highlight/detail?id=2548052077","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548052077?lang=en_us&edition=fundamental","pubTime":"2025-07-01 18:08","pubTimestamp":1751364488,"startTime":"0","endTime":"0","summary":"Car dealers in China's Yangtze River Delta region flagged \"severe challenges\" in the industry and are calling on auto manufacturers to rejig their sales strategies, Reuters reported Tuesday, citing a letter by four dealers' associations.The joint letter, circulated on WeChat, said the dealers faced \"high inventory, disorderly market competition, and increased risk of capital chain rupture,\" Reuters said.Dealers also said auto manufacturers have forced them to sell new cars below cost, but stopped short of naming the automakers for fear of violating Chinese competition laws, Reuters said.The letter called on automakers to suggest \"reasonable\" inventory limits and adjusted sales targets to adhere to the capacity of the regional markets, the report said.China's biggest local automakers include Dongfeng Motor Group , SAIC Motor , Chongqing Changan Automobile , BAIC Motor , Guangzhou Automobile Group , Great Wall Motors  and FAW Group .Top new-energy vehicle manufacturers include BYD , Li A","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0417516738.SGD","02238","BYDDY","LU1868837722.USD","NIO.SI","LU0359201612.USD","BK0187","LU0229945570.USD","LU1813983027.USD","LU1719994722.HKD","LU0348735423.USD","BK1539","GWLLY","LU0165289439.USD","LU2580892789.USD","002594","01958","000625","82333","LU0823426480.USD","LU1961090484.USD","EVS.SI","601238","LU0865486749.SGD","LU2663582299.SGD","81211","00489","02333","BK0070","600104","LU0650527681.SGD","LU0979878070.USD","LU1188198961.HKD","601633","LU1580142542.USD","BK0012","BK0017","BK0155","LU0516422952.EUR","LU0348805143.USD","LU1868838027.USD","LU0823038988.USD","HYDD.SI","000800","LU0449509016.USD","LU1242518857.USD"],"gpt_icon":1},{"id":"2548023325","title":"Li Auto Faces Headwind From Rising Competition in 2H -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2548023325","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548023325?lang=en_us&edition=fundamental","pubTime":"2025-07-01 10:52","pubTimestamp":1751338320,"startTime":"0","endTime":"0","summary":"0252 GMT - Li Auto continues to face challenges in 2H, given intense competition in the auto market, Nomura analysts write in a note. The company cut its 2Q delivery guidance to 108,000 units from between 123,000 to 128,000 units projected earlier. Nomura maintains its relatively cautious view on Li Auto with the auto sector seeing a relatively muted demand in the past three weeks, especially in the premium market. In addition to a typically weak season mid-year, the muted demand is also likely due to BYD's latest price cut, and potentially the launch of Xiaomi Yu7 model, they say. Nomura keeps a neutral rating and target price of $31.00 on Li Auto's ADRs, which last closed at $27.11. 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After repackaging some existing subsidies and rolling out some incremental seasonal promotions, BYD's sales have been stronger so far in June, they note. The price competition could continue throughout the summer low season, they add. The price cuts should boost domestic sales and absorb part of the margin pressure, while BYD's overseas sales, which have a better margin, should support the bottom line, as well. HSBC maintains a buy call on its H shares with an unchanged target price of HK$151.00. Shares last ended at HK$129.90. 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Chatter: Some Chinese Local Governments Halt Car Purchase Subsidies on Fund Crunch","url":"https://stock-news.laohu8.com/highlight/detail?id=2544929036","media":"MT Newswires Live","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2544929036?lang=en_us&edition=fundamental","pubTime":"2025-06-18 16:42","pubTimestamp":1750236120,"startTime":"0","endTime":"0","summary":"At least six Chinese municipalities and cities have paused their trade-in subsidies for car purchasers in June, Reuters reported Wednesday, citing government announcements.The move could slow the sales of new cars in China, the report said.Zhengzhou and Luoyang halted the subsidies as funding from the central government was running out, while Shenyang and Chongqing attributed the pause to capital efficiency, Reuters said.Xinjiang also paused its subsidies, the report said.China's biggest local automakers include Dongfeng Motor Group , SAIC Motor , Chongqing Changan Automobile , BAIC Motor , Guangzhou Automobile Group , Great Wall Motors  and FAW Group .The country's top new-energy vehicle manufacturers include BYD , Li Auto , XPeng  and NIO 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Chatter: Chinese Automakers Pledge to Pay Suppliers Within 60 Days","url":"https://stock-news.laohu8.com/highlight/detail?id=2542154562","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542154562?lang=en_us&edition=fundamental","pubTime":"2025-06-12 14:41","pubTimestamp":1749710510,"startTime":"0","endTime":"0","summary":"Ten Chinese automobile manufacturers said they will shorten their deadline to pay suppliers to within 60 days after the revision of rules requiring more timely payments to small and medium-sized businesses, Yicai Global reported Wednesday.Among those that announced they will shorten supplier payment periods include Dongfeng Motor , Guangzhou Automobile , BYD , XPeng , Changan , Geely , and Xiaomi , Yicai said.The revision took effect June 1, the report said.As of the end of April, large industrial corporations used to wait for 70.3 days on average to receive payments, four days longer than the year-ago period, Yicai said, citing official 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EV Sector Will Remain Competitive -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2542190565","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542190565?lang=en_us&edition=fundamental","pubTime":"2025-06-12 12:07","pubTimestamp":1749701220,"startTime":"0","endTime":"0","summary":"0407 GMT - The overall competitive environment is unlikely to alter significantly, considering the current stance of the government and the market against excessive market competition, Nomura analysts write in a note. The analysts believe only the format of competition is likely to see some changes. While price cuts may no longer be as effective a tool as it was before, Nomura expects more new and facelift models with upgraded functions and equipment to be launched by active EV players, they say. BYD remains Nomura's sector top pick as they believe its market-leading position remains intact. The company will likely continue to maintain its edge in technology and business scale. 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Geely Auto, BYD , and Leapmotor  slashed prices on 70 models by up to 20% in late May to defend market share, SCMP said.Li noted that global excess capacity could be leveraged as part of the company's \"friendly\" globalization strategy, SCMP reported. In February, Geely said it planned to use Renault's plant in Brazil to support its overseas expansion, the report added.SCMP cited analysts saying Geely Auto's move to halt new plant construction could prompt peers to follow suit, helping ease inventory pressures across the 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