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BYD COMPANY Negates Plans to Acquire Maserati
BYD COMPANY (01211.HK) is purportedly weighing acquisition of Maserati, the ultra-luxury brand under multinational automaker Stellantis (STLA.US). In response, BYD told Chinese med...
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BYD COMPANY Negates Plans to Acquire Maserati
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BYD COMPANY (01211.HK)  +1.050 (+1.160%)    Short selling $681.35M; Ratio 40.780%   is purportedly weighing acquisition of Maserati, the ultra-luxury brand under multinational automaker Stellantis (STLA.US)      . In response, BYD told Chinese media that the information is untrue and constitutes a rumor.

Prior to this, BYD Executive Vice President Stella Li said the company is discussing the possibility of acquiring or taking over factories in Italy and other locations, and is seeking any available factories in Europe with the aim of utilizing existing idle capacity.

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The group prefers to operate factories independently rather than through joint ventures, Li remarked. BYD is reportedly not only negotiating with Stellantis Group, but is also in talks with other European automakers.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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