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BYD executives purchased $7.3 million worth of shares this month as the EV maker's stock slid 20% since May on slowing NEV sales. The buying follows BYD trimming its 2025 sales target to 4.6 million vehicles and reporting its first profit drop in over 3 years. Insiders raised their stake to 0.0269%, signalling confidence despite China's fierce EV price war.
short by / 09:51 am on 11 Sep
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