Li Yunfei, General Manager of Brand and PR at BYD COMPANY (01211.HK)(002594.SZ), stated that the company has set an overseas sales target of 800,000 vehicles for the entire year, and based on current market performance, it should be no problem to achieve this goal this year.
He also mentioned that Chinese auto brands are hailing the best globalization window, and more Chinese brands will enter the global top ten in the future, describing it as an inevitable result of the transformation and upgrading of China's manufacturing industry.
BYD will in the future continue to adhere to the development philosophy of "technology as king, innovation as the foundation", deepening globalization and localization strategies, he added. Global car companies like Volkswagen, Tesla (TSLA.US), and Toyota are already globalized, and the globalization of Chinese auto brands, including BYD, is just beginning.
He believed that more Chinese brands will enter the global top ten in the future, which is an inevitable trend and the mission of this generation of automotive professionals.
~
AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
17185 |
22.05 (-) |
0.109 |
6.0 X |
| GEELY (Bull) |
67894 |
17 (17.5) |
0.039 |
9.6 X |
| GEELY (Bull) |
58395 |
16 (16.5) |
0.059 |
6.3 X |
| GEELY (Bear) |
56696 |
24.5 (24) |
0.105 |
3.6 X |
| GEELY (Bear) |
56088 |
22.5 (22) |
0.069 |
5.4 X |
| BYD (C) |
18396 |
155.1 (-) |
0.027 |
8.4 X |
| BYD (C) |
15617 |
133.693 (-) |
0.026 |
6.5 X |
| BYD (C) |
19097 |
131.98 (-) |
0.093 |
4.3 X |
| BYD (C) |
18941 |
128.433 (-) |
0.077 |
3.7 X |
| BYD (P) |
17863 |
100.78 (-) |
0.232 |
3.6 X |
| BYD (Bull) |
56334 |
99.1 (100.5) |
0.016 |
13.2 X |
| BYD (Bull) |
65006 |
97.667 (99) |
0.054 |
11.7 X |
| BYD (Bear) |
53517 |
122.4 (121) |
0.140 |
7.5 X |
| BYD (Bear) |
54812 |
117.4 (116) |
0.101 |
10.5 X |
| XIAOMI (C) |
15358 |
68.05 (-) |
0.046 |
6.4 X |
| XIAOMI (C) |
15359 |
63.93 (-) |
0.047 |
7.0 X |
| XIAOMI (C) |
14470 |
61 (-) |
0.049 |
7.5 X |
| XIAOMI (P) |
14219 |
46.45 (-) |
0.077 |
3.7 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.033 |
4.4 X |
| XIAOMI (Bull) |
66550 |
50.6 (51) |
0.034 |
15.8 X |
| XIAOMI (Bull) |
62108 |
49.6 (50) |
0.045 |
11.9 X |
| XIAOMI (Bear) |
61496 |
59.5 (59.1) |
0.050 |
10.7 X |
| XIAOMI (Bear) |
62123 |
57.6 (57.2) |
0.034 |
15.8 X |
| LI (C) |
17186 |
138.98 (-) |
0.044 |
5.0 X |
| LI (Bull) |
55164 |
80.9 (84.9) |
0.027 |
6.9 X |
| LI (Bull) |
62637 |
74.8 (78.8) |
0.041 |
4.5 X |
| LI (Bear) |
62666 |
124 (120) |
0.280 |
3.3 X |
| NIO (C) |
19837 |
61 (-) |
0.159 |
2.9 X |
| XPENG (C) |
17964 |
108.78 (-) |
0.122 |
2.8 X |
| XPENG (Bull) |
64592 |
70 (71.5) |
0.082 |
9.5 X |
| XPENG (Bull) |
58392 |
65 (66.5) |
0.137 |
5.7 X |
| XPENG (Bear) |
54202 |
94.3 (92.8) |
0.151 |
5.2 X |
| TSLA (C) |
10688 |
420 (-) |
0.244 |
6.4 X |
| TSLA (P) |
10692 |
280 (-) |
0.212 |
5.1 X |
