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BYD Stella Li: Geopolitics Biggest Challenge to Expansion for BYD; Shares Severely Undervalued
2026-10-09 15:19:21 BYD COMPANY (01211.HK) Executive Vice President Stella Li said at a summit on Thursday (8th) that geopolitics is the biggest challenge to the group's expansion, because doing business requires certainty and predictability in order to maintain control and make investments, Reuters reported. However, in terms of geopolitics, the company can never fully understand the perspectives involved or what others are doing. In light of the complicated situation in the US, BYD COMPANY lacks clarity, visibility and stability there, and therefore has decided not to sell passenger vehicles in the US for the time being. She said BYD COMPANY's shares listed on the Stock Exchange are "severely undervalued" compared with US companies, because BYD COMPANY is an engineering company rather than merely an automobile company. ~ AASTOCKS Financial News Website: www.aastocks.com | |