BYD Co Ltd (1211)

BYD Co Ltd (1211)

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BYD Co Ltd Profile

BYD Co Ltd (1211.xhkg) is a Chinese automotive manufacturing company headquartered in Guangdong, the People’s Republic of China. BYD has two major subsidiaries, BYD Automobile and BYD Electronic. BYD Co Ltd produces ordinary passenger cars, commercial vehicles, and other products. BYD is most notable for its full-electric and hybrid cars, buses, trucks, as well as for its battery-powered bicycles, forklifts, solar panels, and rechargeable batteries (mobile phones, electric vehicles, and renewable bulk storage). It is traded on the Hong Kong Stock Exchange (SEHK), the Shenzhen Stock Exchange (SZSE) and its market cap are currently ¥735.68B (CNY). BYD Co Ltd employs 229,154 people and has over 30 industrial parks and production bases worldwide. BYD Co Ltd (1211.xhkg) sold 18,711 electric passenger cars in May 2021 and 46,554 units in total for the whole year, 126% more than in May 2020.

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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