News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>JPM Upbeat on BYD COMPANY, Citing 3 New Positives
JP Morgan's group call with BYD COMPANY (01211.HK) revealed three new positive surprises, namely estimate-beating domestic sales guidance, upside in overseas sales, and an impr...
Reset
Send
The window will close in 5 seconds
<Research>JPM Upbeat on BYD COMPANY, Citing 3 New Positives
Close
Recommend
14
Positive
35
Negative
4
 
 

JP Morgan's group call with BYD COMPANY (01211.HK)  0.000 (0.000%)    Short selling $413.81M; Ratio 20.201%   revealed three new positive surprises, namely estimate-beating domestic sales guidance, upside in overseas sales, and an impressive improvement in profit driven by new models, JP Morgan said in its report. The target price is HKD120 with a rating of Overweight.

Management lately guided domestic sales for 2026 at 3.5-4 million units, representing YoY growth of 0-14%, contingent on the competitive landscape in China's market. This is above JP Morgan's forecast of 3.5 million units with flat YoY growth, as well as consensus for flat to slightly negative YoY growth.

Related NewsJPM: BYD COMPANY (01211.HK), GEELY AUTO (00175.HK) and LEAPMOTOR (09863.HK) to Benefit from Rising Overseas Revenue Contribution
For overseas markets, although BYD COMPANY reiterated its sales target of 1.5 million units, implying YoY hike of 50%, management indicated there is potential for upward revision due to robust demand, particularly following the recent rise in oil prices. Management further emphasized that the company's eight self-owned vessels are ready, which will support this target.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-14 16:25.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.