China Electric Car Giant $107 Billion BYD Earmarked $5 Billion for FX Derivatives Trading to Hedge Against Fluctuation in Foreign Exchange Rates for Operational Needs
30th January 2025 | Hong Kong
China electric car giant BYD ($107 billion) has earmarked $5 billion for FX derivatives trading to hedge against fluctuation in foreign exchange rates for operational needs. Profile – BYD Co., Ltd. (hereinafter referred to as”BYD”) was established in November 1994, headquartered in Shenzhen, Guangdong Province. Its business spans four major industries: automobile, rail transit, renewable energy, and electronics. It is among the Fortune 500 companies, and listed both in Hong Kong and Shenzhen Stock Exchanges. As of now, BYD has applied for more than 48 thousand patents and obtained more than 30 thousand authorized patents worldwide. In January 2024, BYD became the Official Partner of UEFAEURO 2024, providing green mobility services for the championship. BYD shoulders the responsibilities and duties of the era, firmly embraces the tides of automobile electrification and intelligence, and establishes itself as the leader of new energy vehicles in China and the world, as to pave a road of green innovation and development. BYD is a top high-tech enterprise in China specializing in IT, automobile, and new energy.BYD is the largest supplier of rechargeable batteries in the globe, and has the largest market share for Nickel-cadmium batteries, handset Li-ion batteries, cell-phone chargers and keypads worldwide. It also has the second largest market share for cell-phone shells in the globe. BYD Auto becomes the most innovative independent national auto brand and leads the field of electric vehicles with unique technologies. In the field of new energy, BYD has developed green products such as solar farm, battery energy storage station, electric vehicle, and LED, etc. It will continue to lead the new energy revolution in the world!
“ China Electric Car Giant $107 Billion BYD Earmarked $5 Billion for FX Derivatives Trading to Hedge Against Fluctuation in Foreign Exchange Rates for Operational Needs “
China Electric Car Giant $107 Billion BYD Earmarked $5 Billion for FX Derivatives Trading to Hedge Against Fluctuation in Foreign Exchange Rates for Operational Needs
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
