[sgbuffett]

https://www.bloomberg.com/news/articles/...market-cap

BYD’s 66% Gain Catapults Stock to Near Trillion Yuan Market Cap

Rally since March added over 400b yuan in market valuation

Investors bet on policy support and BYD’s resilient output


Shares of the Shenzhen-based company have surged 66% since a March low through Tuesday, which pushed its market valuation to around 950 billion yuan ($142 billion). Further gains will allow the firm to hit the milestone, a rare feat which only a handful of mainland-listed stocks including Contemporary Amperex Technology Co. and Kweichow Moutai Co. have achieved.

Stock is still relatively cheap compared with Tesla. I am still holding despite the stock tripling from my buying price.