Comment by yanhangyhy
14 hours ago
meanwhile my BYD stock didn't go up... Hope 2026 this will change.
For China, this is ultimately a good thing. BYD employs a large number of workers and has factories in many developing countries such as Brazil and Central Asia..., creating numerous job opportunities. Many of BYD's factories in China are located around non-first-tier cities, where workers may earn only around 5,000 to 6,000 yuan. However, considering China's extremely low cost of living and deflation, this salary is sufficient to support a family and drive more consumption in the market.
The factory in zhengzhou: https://www.youtube.com/watch?v=ZyCTwhdqOhs
zhengzhou is also famous for produce iphone before..
The stock market is forward looking. If people already expected that BYD would sell 4.6M vehicles in 2025, it was already accounted for in the stock valuation. For the stock to go up in price, they need to do even better than people expect.
Implessive!