SEHK:1211Auto
BYD Argentina Shipment Highlights Policy Driven Growth And Investor Watchpoints
BYD has shipped over 5,800 electric and hybrid vehicles to Argentina under newly relaxed trade rules.
The shipment is enabled by tariff free quotas for electric vehicles introduced by the Milei administration.
This move expands BYD's presence in Latin America and adds pressure on Western and Japanese competitors.
For investors tracking BYD (SEHK:1211), this Argentina move comes with the stock trading at HK$99.05 and a 3 year return of 35.4%. Over 1 year, the shares are up 8.6%, with a 5.7%...