BYD COMPANY (01211.HK) -1.700 (-1.703%) Short selling $699.25M; Ratio 26.872% 's 1Q26 operating profit benefited from higher-than-expected revenue and gross margin, Goldman Sachs issued a research report saying. The broker expected 1Q26 to be the trough for sales and net profit, with gradual improvement from 2Q26 to 4Q26.Supported by strong demand for models equipped with flash-charging technology and second-generation blade battery, including 61,000 orders for the Song Ultra EV in the first month and 30,000 pre-orders for the Great Tang within 24 hours, domestic sales and margin recovery are expected to be underpinned.Related News M Stanley Lists "Long-Only" EM Fund Managers' Holdings (Table)The broker raised its 2026-2030 net profit forecasts for BYD COMPANY by 1-2% to reflect a higher overseas sales proportion, partly offset by higher selling and administrative expenses and foreign exchange impact. Goldman Sachs kept ratings at Buy on BYD COMPANY's A-/ H-shares, and target prices at RMB137/ $134.The broker also predicted its full-year net profit to grow 22% to RMB40 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)
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