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| HSI1 | 24,448.95 | -32.91 | 173.71B |
| HSCEI1 | 8,260.15 | -13.95 | 54.80B |
| Back Zoom + Zoom - Block Traded | |
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2026-11-09 11:39:04 BYD COMPANY (01211.HK), covered by CLSA in a report, is entering a new phase of overseas expansion, with heightening restrictions on direct exports while local supply chain development is still ramping up. The broker estimated export vehicle profit per unit to decline by 20-30% in 2027, while product mix improvement and cost savings may partially offset the headwinds. Although overseas expansion may hit short-term bumps, increased investment in local supply chains will be beneficial in the long run. The broker maintained its target P/E ratio unchanged, while cutting the H-share TP from HKD109 to HKD100 and the A-share TP from RMB104 to RMB95, reiterating its High Conviction Outperform rating. ~ AASTOCKS Financial News Website: www.aastocks.com | |