After turbulent days, the BYD share recovers. The reason for this is positive signals from the market and the decreasing concern about possible chip delivery stops.
• Berkshire Hathaway sells BYD components complete – share first under pressure
• Feared delivery bottlenecks on Nvidia chips, BYD is preparing backup plans
• BYD share will be added again on Thursday
Berkshire Hathaway withdraws
The news that Warren Buffett’s investment company Berkshire Hathaway sold all BYD shares initially led to a significant drop in the price. On Monday and Tuesday, the stock exchange in Hong Kong each went down by 3.35 and 3.19 percent.
The sale was seen by many investors as a signal for a re -evaluation of the share, even if analysts emphasize that Berkshire Hathaway regularly reverses portfolios and this is not a general cancellation of the Chinese Electric carMarket means.
Focus on supply chains
In addition to the sales messages, reports on possible delivery stops at Nvidia chips ensured uncertainty. BYD, one of the largest manufacturers of electric cars and batteries in China, depends on high -quality chips for its vehicles and storage solutions. However, the company has taken care of: Special backup plans and stocks are to be cushioned and production failures are to be avoided. But even this security could not help the BYD share at first. The previous day it was ultimately a further 0.56 percent down to 105.70 HKD.
Relaxation on the stock market
On Thursday, the BYD share now showed a clear counter-movement again and won on the ground. Until the end of the trade, the paper increased by 2.08 percent to 107.90 HKD.
The current recovery indicates that investors have already priced the short -term setbacks. In the long term, BYD remains a central player in the global electric car market, especially through the combination of vehicle production, battery supplement and technological innovative strength.
Editor finance.net
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