topshelf

Is China BAK Battery More Attractive After Warren Buffett's Investment in BYD?

I don't know if you are aware that BYD is listed in the US. It does trade using the Tracking symbol BYDDF. I had come across them months ago just by chance. Actually they are and have been more well known for the batteries they supply for cell-phones, computers, and just about every type of battery made. They are China's largest and a Global leader in many types. I hope you dig into them deeply. The current share price for BYDDF, about 2, is about 80% Below its High of last year, plus it pays a dividend. Most China based stocks experienced a huge drop in the past year. The China Market was cut by a bit over 2/3, from over 6,000 to under 2,000. I'll look at CBAK and you may have to redo this article if you research BYDDF.