China’s Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Development and Reform Commission recently held a joint meeting, Bloomberg cited sources. Executives from over ten automakers, including BYD COMPANY (01211.HK) -9.000 (-2.184%) Short selling $1.61B; Ratio 13.606% (002594.SZ) -0.790 (-0.219%) , GEELY AUTO (00175.HK) -0.160 (-0.884%) Short selling $95.38M; Ratio 11.415% , and XIAOMI-W (01810.HK) -1.150 (-2.120%) Short selling $721.80M; Ratio 10.812% , were summoned to Beijing for discussions. Related NewsG Sachs Elevates LI AUTO-W (02015.HK) TP to $138, Rating BuyThe companies were urged to exercise 'self-restraint' and 'self-supervision,' and not to sell vehicles below cost or offer unreasonable discounts. The parties also exchanged views on issues such as the sale of 'zero-kilometer' used cars and the long-term arrears of automakers to suppliers. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.) (A Shares quote is delayed for at least 15 mins.)