Brazilian authorities said in a press conference on Monday (23rd) that BYD COMPANY (01211.HK) +2.600 (+1.013%) Short selling $345.60M; Ratio 26.847% is suspected of violating local labor regulations at a construction site of its factory in Bahia, Brazil, Reuters reported.More than 100 Chinese workers at the factory site were hired by another company in China and brought to Brazil from time to time, the authorities revealed. The investigation found that their working hours exceeded the legal working hours in Brazil, and they even worked seven straight days a week.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-07 16:25.)Related NewsCiti: Car Makers Introduce Car Purchase Incentives to Ease Subsidy Expiry, which May Weigh on 1Q25 Earnings