From Kraneshare’s China news: “May retail sales increased by +3.7% year-over-year (YoY), versus April’s 2.3% increase YoY and expectations of 3%. Electric vehicle (EV) company BYD gained +1.74% as it reported selling 35,370 Seagulls, its low-cost EV car, in May despite Berkshire Hathaway trimming its position by 1.35 million shares (reducing its stake to 6.9% from 7.02%)”.
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From Kraneshare’s China news: “May retail sales increased by +3.7% year-over-year (YoY), versus April’s 2.3% increase YoY and expectations of 3%.
Electric vehicle (EV) company BYD gained +1.74% as it reported selling 35,370 Seagulls, its low-cost EV car, in May despite Berkshire Hathaway trimming its position by 1.35 million shares (reducing its stake to 6.9% from 7.02%)”.