A BYD EV is displayed at the Chengdu Motor Show 2022. New energy stocks such as those of electric carmakers will probably fall further, an analyst says. Photo: Xinhua
Veteran Chinese stock analysts wary of green energy shares amid multiple headwinds
- The current levels of institutional allocations to green energy stocks are the ‘most extreme in the history of China’s A-share market’, Soochow Securities analyst says
- Warren Buffett’s divestment in BYD has led to speculation that EVs and batteries will be Washington’s next targets: former Bocom, CICC analyst
A BYD EV is displayed at the Chengdu Motor Show 2022. New energy stocks such as those of electric carmakers will probably fall further, an analyst says. Photo: Xinhua