BYD is trading at SGD 1.18, up +4.42%, after October passenger-vehicle sales rose 11%, with exports doubling.
- Local deliveries fell.
- The Business Times said strong overseas demand eased concerns about the domestic downturn and BYD shares rose in Hong Kong on November 2; Bloomberg also reported the sales increase.
- Recent quarterly earnings missed analyst estimates, tempering the positive sales news. No trading-volume information was available in the provided price context or sources.