BYD Company Ltd (002594) saw a 4.11% increase in its stock price, closing at CNY 323.88, as investors responded positively to its strong market position in the electric vehicle sector.
The company’s stock has been experiencing high trading volumes, with growing interest from institutional investors amid China’s push for clean energy. Analysts believe that BYD’s consistent performance in EV sales and expansion into international markets have contributed to its recent gains.
Meanwhile, other high-volume stocks showed a mixed response. East Money Information (300059) recorded a 1.65% increase, closing at CNY 24.08, while IEIT Systems Co Ltd (000977) rose 4.12% to CNY 58.60. Jiangsu Hoperun Software (300339) saw the highest jump among high-volume stocks, surging 8.53% to CNY 61.35. Talkweb Information (002261) also climbed 9.99%, closing at CNY 22.47.
However, ZTE Corp (000063) was the only stock among the highest trading volume companies to decline, dropping 2.12% to CNY 42.48. The decline comes amid regulatory concerns and shifts in demand for telecom equipment, affecting investor sentiment.
Disclaimer: Stock market investments are subject to risks. This article is for informational purposes only and does not constitute financial advice.