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BYD, Again On 'Evergrande in Auto Industry' Claims, Says CN Govt Confirms No Financial Issues
BYD COMPANY (01211.HK)(002594.SZ) was recently entangled in a public opinion storm, fueled by certain peers, Li Yunfei, General Manager of Brand and Public Relations at BYD, stated...
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BYD, Again On 'Evergrande in Auto Industry' Claims, Says CN Govt Confirms No Financial Issues
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BYD COMPANY (01211.HK)  -3.300 (-2.455%)    Short selling $2.81B; Ratio 42.512%   (002594.SZ)  -7.240 (-2.050%)   was recently entangled in a public opinion storm, fueled by certain peers, Li Yunfei, General Manager of Brand and Public Relations at BYD, stated on social media.

Li responded again to the "Evergrande in the Auto Industry" claims by stating that a certain car company in Hebei has continuously stirred up topics, such as "high debt ratio", "financial fraud", "financial audit", and "Evergrande in the Auto Industry" in the automotive industry, since the second half of last year.

Related NewsCLSA Expects Slower Growth in CN EV Mkt; Top Picks GEELY AUTO/ BYD COMPANY
At the end of last year, this car company maliciously reported BYD to the Shenzhen Stock Exchange, Hong Kong Stock Exchange, and relevant national financial regulatory agencies. After a detailed investigation by the Shanghai and Shenzhen Stock Exchanges and relevant national regulatory departments, it was confirmed that there is no problem with the company.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-13 16:25.) (A Shares quote is delayed for at least 15 mins.)

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