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BYD COMPANY Denies Rumors of Brazilian Plant Project Violating Local Labor Regulations
Foreign media has recently reported that BYD COMPANY (01211.HK)'s plant project in Bahia, Brazil, allegedly violated local labor regulations with over a hundred Chinese workers...
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BYD COMPANY Denies Rumors of Brazilian Plant Project Violating Local Labor Regulations
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Foreign media has recently reported that BYD COMPANY (01211.HK)  -4.800 (-1.852%)    Short selling $390.59M; Ratio 25.648%   's plant project in Bahia, Brazil, allegedly violated local labor regulations with over a hundred Chinese workers working hours exceeding the local legal limit.

Li Yunfei, General Manager of BYD Group's Brand and PR Department, responded that those reports are an attempt to smear Chinese brands, defame China, and undermine China-Brazil friendship.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-08 16:25.)

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