$BYD In the current domestic climate,
a collapse of the auto industry is only a matter of time.
BYD's words and actions don't match.
Prices keep getting higher,
while cars keep getting flimsier.
One crash and they're done for.
They claim to develop their own batteries, but really it's just because labor is so cheap.
Wages can keep getting lower and lower.
Cars aren't selling well anymore either; the market is basically saturated.
We're just waiting for a crash. The A-share and Hong Kong stock markets are still way too dominant.
Hong Kong stocks used to have some promise, but now they're just like A-shares.