Stock Track | BYD Electronics Soars 16.69% on News of Parent Company's Intelligent Driving Event

Stock Track

02-06

BYD Electronic's stock price surged 16.69% on Thursday, marking a significant intraday gain as investors reacted positively to reports about an upcoming intelligent driving event by its parent company, BYD Co Ltd.

According to the reports, BYD Co Ltd, a leading Chinese electric vehicle and battery manufacturer, will be hosting an intelligent strategy launch event on Monday, February 10th, at its Shenzhen headquarters. The event will showcase the company's advanced intelligent driving technology, including its "God's Eye" driving system, allowing attendees to experience its autonomous driving capabilities firsthand.

The news sparked investor enthusiasm about BYD's technological advancements in autonomous driving and related fields, fueling a substantial rally in BYD Electronic's share price as well as other high-tech product makers in the sector.

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