BYD Company’s monthly chart
BYD Company’s monthly chart.
It was, at one point, owner of 24.59% of all voting H-shares of $BYD Co., Ltd.(BYDDF)$ .
They already trimmed that to just 4.94% by July 2024 after selling 1.4m shares @247 per share.
Stock last traded at 392 per share. $BYD COMPANY(01211)$
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$KraneShares CSI China Internet ETF(KWEB)$ may look like it’s had a helluva run from $27 to $37. But remember where it came from while keeping in mind what’s going on in China:
✅Structural shift in economy
✅DeepSeek AI revolution
✅Consumption stimulus
✅Valuation discount vs $The Magnificent Seven ETF(MAGS)$
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