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BYD Leads Automobile Stocks to Record Highs, Surging Over 2%
2025-05-21 /
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Author：小编
Recently, the CPC Central Committee and the State Council have revised the "Regulations on Promoting Economy and Reducing Waste in Party and Government Organs," mandating that official vehicles procured by the government must be domestically produced and preferably new energy vehicles. This announcement ignited a rally in automobile stocks, with BYD surging over 2% to a record high, followed by Jiangling Motors and JAC Motors, which both recorded gains exceeding 3%. The implementation of these regulations not only aligns with the nation's dual carbon targets but also underscores strong support for the domestic new energy automobile industry, anticipated to directly propel sales growth for domestic new energy vehicle brands.
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