|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||39.25 - 41.43|
|52 Week Range||21.42 - 43.61|
|Beta (5Y Monthly)||0.65|
|PE Ratio (TTM)||208.44|
|Forward Dividend & Yield||0.02 (0.04%)|
|Ex-Dividend Date||Jun 14, 2022|
|1y Target Est||N/A|
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Here are July's best Chinese stocks to buy and watch as China ends Covid lockdowns and offers new EV subsidies. BYD and Li Auto are in buy zones.
Customers of China's BYD Co Ltd, the world's biggest electric vehicle (EVs) maker by sales, have taken the unusual step of urging regulators to expand a battery replacement recall to safeguard the reputation of a national champion. BYD has been a major beneficiary in the auto industry's rapid shift toward electrification, propelled by the backing of U.S. billionaire investor Warren Buffet. A maker of both electric cars and buses, BYD also builds batteries which it has portrayed as the industry's safest and which it is close to supplying U.S. EV peer Tesla Inc, BYD's executive vice president has said.
China's BYD is in a buy zone, with looming sales data set to confirm that it's seized Tesla's EV sales crown.