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BYD Short Sellers Retreat Ahead of Expected Profit Rebound
Source: Bloomberg
Corporate EarningsAutomotive & EVShort Interest & ActivismEmerging Markets
Short sellers are reducing bets against BYD ahead of earnings, as the Chinese EV maker is expected to report a profit rebound. The anticipated improvement is attributed to accelerating overseas sales and a recovery in China’s domestic market; the article gives no earnings figures or share-price reaction.
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