GO
| HSI1 | 25,143.05 | +580.81 | 306.41B |
| HSCEI1 | 8,381.90 | +245.17 | 93.65B |
| Back Zoom + Zoom - Block Traded | |
|
2026-07-17 10:50:59 After a year of adjustments, BYD COMPANY (01211.HK) was expected to deliver a strong recovery in 2Q results, rebuilding market confidence and supporting valuation re-rating in 2H and 2027, Morgan Stanley said in a report. The broker maintained its Overweight rating with an H-share TP of HKD121. The broker estimated that BYD COMPANY's 2Q net profit will rebound to RMB9 billion from the low base in 1Q, corresponding to vehicle sales of 1.1 million units, up 58% QoQ, underpinned by a 68% QoQ hike in domestic sales and a 47% QoQ rise in overseas sales. Revenue in 2Q was projected to reach RMB217 billion, up 45% QoQ. The broker forecast full-year 2026 vehicle sales of 4.6 million units, including 2.8 million domestic units and 1.8 million overseas units. Among them, 2H sales were forecast to reach 2.8 million units, up 12% YoY. ~ AASTOCKS Financial News Website: www.aastocks.com | |