BABA Return Rate
BABA Diamond Holder$BYD COMPANY(01211.HK)Some may misinterpret the data by saying that BYD’s February global sales declined sharply year-on-year, with reports pointing to a roughly 41% drop. This is one of the steepest monthly declines in recent periods.
In reality, sales did not “tumble” across all markets in absolute terms. Overseas sales actually increased year-on-year, while the overall global figure was weighed down mainly by a significant decline in the domestic market.
Investors are not naive . The share price tells the story. It has held up relatively well. I remain confident in BYD’s long-term growth story.
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