Goldman Sachs saw BYD's vehicle deliveries have been increasing since May of this year, driving continuous sales growth.
GS expects that $BYD COMPANY (01211.HK)$ will launch at least six new models for the remainder of the year, further boosting monthly delivery volumes.
GS has raised its full-year sales forecast for BYD from 3.8 million units to 4 million units and increased the target price for BYD's H-shares by 5% to HK$ 310, maintaining a "Buy" rating.
GS has raised its full-year sales forecast for BYD from 3.8 million units to 4 million units and increased the target price for BYD's H-shares by 5% to HK$ 310, maintaining a "Buy" rating.
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