China’s BYD, when Home Maker’s prices decrease, stocks are waiting for 8%

Shares Byd Monday, up to 8.25% of them as a steep drop High Record last weekAs investors estimate, the price of the Chinese electric vehicle decreased on May 23.

The company has been declared on the Chinese Social Media Platform Weibo By the end of June, 22 electricity and plugin were reduced prices in hybrid models.

For example, the price label of the Seagull hatchback was reduced from 20% to 55,800 to 55,5800 ($ 7780), and the sealed dual motor sybridge sedan decreased from 34% to 102,800 yuan.

Recent developments comply with other price adjustments, announced early this year, announced in a starting price such as HAN sedans and Tang SUVs release 10.35% and 14.3% lower than previous versions.

Citi’s analysts The reduction of BYD’s price caused up to 40% to 40% in the seller stores between 24 and 25 compared to the previous weekend.

The shares of other Chinese carers were also rejected because they were careful about the Stiffer Competition of investors on Monday.

Shares Geely Car The last was seen, the trade is 7.29% lower, while Great Wall Motor Co. and Lion appropriately lost 2.94% and 4.93%. Meanwhile Shares Xpeng Reduced 4.19%.

Citi’s analysts, the analysts, if the price of the price of BYDs erode the market share of the price of the price, is not worried.

Instead, analysts were written on May 26, such as 200,000 Chinese washes of 200,000 Chinese washes for new energy transport companies.