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| HSI1 | 23,294.42 | +335.77 | 214.32B |
| HSCEI1 | 7,862.22 | +106.56 | 75.14B |
| Back Zoom + Zoom - Block Traded | |
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2026-10-30 15:56:23 Morgan Stanley issued a research report on BYD COMPANY (01211.HK), of which sales remained resilient in 3Q26, while investors' focus shifted from sales resilience to earnings conversion and overseas profitability. The broker upheld a constructive view on BYD COMPANY's aggressive "going global" strategy, believing its existing production capacity layout is better positioned to withstand geopolitical headwinds. 3Q26 net profit elevated 22% QoQ and 28% YoY to RMB10 billion, with net profit margin at 4.5%, although below optimistic expectations, the broker noted. FX losses exceeded RMB2 billion, partly offset by a one-off gain of about RMB900 million from CXMT. BYD COMPANY continued to outperform the shrinking domestic passenger vehicle market, with passenger vehicle and NEV market shares reaching 17.4% and 25%, respectively. The broker maintained its Overweight rating on BYD COMPANY's H shares and TP at HKD114. ~ AASTOCKS Financial News Website: www.aastocks.com | |