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UOB Kay Hian Raises BYD COMPANY TP to HKD135, Cuts GEELY AUTO/ GWMOTOR TPs
2026-07-03 14:51:21
Sales among China's five major automakers were mixed in June, with strong export growth offsetting continued weak domestic demand, UOB Kay Hian said in a report.

BYD COMPANY (01211.HK) and GEELY AUTO (00175.HK) outshone peers harnessing overseas sales and EV performance, while GWMOTOR (02333.HK) and LI AUTO-W (02015.HK) posted sales miss due to domestic pressure and model replacement cycles.

Stock | Investment Rating | TP

CONTEMPORARY AMPEREX (300750.SZ) | Buy | RMB640
BYD COMPANY (01211.HK) | Buy | HKD120 -> HKD135
GEELY AUTO (00175.HK) | Buy | HKD36 -> HKD27
MINTH GROUP (00425.HK) | Buy | HKD56
GANFENGLITHIUM (01772.HK) | Buy | HKD120
GWMOTOR (02333.HK) | Buy | HKD15 -> HKD12
LI AUTO-W (02015.HK) | Sell | HKD40
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