GO
| HSI1 | 24,340.73 | +127.01 | 312.92B |
| HSCEI1 | 8,103.08 | +37.11 | 91.77B |
| Back Zoom + Zoom - Block Traded | |
|
2026-07-14 12:52:25 BYD COMPANY (01211.HK) completed its bottom gauging and was expected to regain its dominant position in 2H26, while unlocking growth potential in overseas markets and ESS, CLSA said in its research report. The broker foresaw market concerns over the company's profitability to alleviate and forecast 2Q net profit at around RMB7 billion, representing a solid QoQ recovery. Given the strong new vehicle product lineup, domestic sales pressure was assumed to relieve, with domestic market share likely recovering to around 23-27% by year-end. Looking ahead to 2027, exports were projected to further increase to 2.5 million vehicles, driving profit growth of more than 30%. CLSA forecast BYD COMPANY's 2Q operating revenue to reach RMB212.6 billion, up 42% QoQ, and net profit to rise to RMB7.2 billion, up 76.7% QoQ, given a strong overseas product mix and premiumization development. The broker reiterated its High Conviction Outperform rating on BYD COMPANY and maintained the TP at HKD120. It also reiterated the High Conviction Outperform rating on BYD Company (002594.SZ) A shares and maintained the TP at RMB120. ~ AASTOCKS Financial News Website: www.aastocks.com | |