BYD
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SAIC-GM-Wuling denies report of teaming up with BYD for micro electric cars
A media report recently claimed that BYD will be partnering with SAIC-GM-Wuling to form a new brand to create micro electric cars for urban mobility. In response, the Economic Observer quoted a SAIC-GM-Wuling executive as saying that this is fake news.
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BYD reportedly plans to team up with SAIC-GM-Wuling for micro electric cars
BYD is talking with SAIC-GM-Wuling with plans to join forces to create micro electric vehicles for urban mobility, EVHui.com said, citing a source close to the two companies.
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CITIC Securities maintains 'buy' rating on BYD as Han models continue to sell well
On November 4, BYD released sales figures showing that the company sold 48,000 cars in October, up 16% year-on-year.
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BYD's October car sales up 16 percent year-on-year to 47,732 units
BYD sold 47,732 vehicles in October, up 16 percent from 41,130 in the same period last year, the company's filing on the Hong Kong stock exchange showed today.
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CICC sees NIO, BYD out of its valuation system, but near-term trend remains strong
As the shares of Chinese new energy vehicle companies such as NIO and BYD have been rising, their valuations have come to very high levels, raising doubts among many investors. But in the view of Chinese investment bank CICC, although their valuations have gone into no man's land, the short-term trend is still strong driven by positive data.
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CICC says BYD's Q4 guidance has room for upward revision, raises price target on H shares by 45%
China's top investment bank CICC has raised its 2020/2021 net profit forecast on BYD by 11%/3% to RMB 4.5/5.4 billion due to profit boost from higher sales of BYD's premium car model Han.
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CLSA reaffirms buy of BYD HK shares, raises price target by 45%
CLSA reiterated its "buy" recommendation on Hong Kong-traded BYD Company Limited (01211.HK) in a recent report, raising the target price by 45% from HK$131 to HK$190, which is 9.38% higher than the company's closing price on Monday.
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BYD's market cap exceeds that of NIO and Li Auto combined, how did it do it?
Looking at recent Chinese auto stocks, one of the hottest companies is none other than BYD.
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BYD's notebook proves broad prospects for China's core technology
BYD has always been full of confidence in the development of China's domestic core technology, its founder Wang Chuanfu said recently that "chips are man-made, not God-made".
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BYD could see first profit growth in four years this year
Following a triple-digit jump in net profit in the second quarter, BYD's third-quarter results ushered in even stronger growth, which is expected to push the company's annual earnings to finally bottom out.