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BLACK SESAME Hyped Up 46% as Automotive-Grade Chips Said to Be Adopted by BYD for Smart Driving Solution
Rumor has it that BYD COMPANY (01211.HK) will announce a full implementation of its smart driving strategy next Monday (10th). With an investment of RMB100 billion in smart driving...
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BLACK SESAME Hyped Up 46% as Automotive-Grade Chips Said to Be Adopted by BYD for Smart Driving Solution
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Rumor has it that BYD COMPANY (01211.HK)  -6.600 (-1.730%)    Short selling $680.13M; Ratio 18.312%   will announce a full implementation of its smart driving strategy next Monday (10th). With an investment of RMB100 billion in smart driving R&D, almost all of the company's car models will feature smart driving capabilities.

It is expected that BYD COMPANY's smart driving solution known as "God's Eye" will adopt BLACK SESAME (02533.HK)  -0.600 (-2.817%)    Short selling $6.67M; Ratio 2.906%   's automotive-grade self-driving computing chips, which are already in mass production and will be installed in BYD COMPANY's Denza models, Chinese media reported, citing industry insiders.

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Following the news, BLACK SESAME's stock price peaked at $43.85. It last traded at $41.4, up 46.81%, on a volume of 13.8561 million shares, involving $502 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-03 16:25.)

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