BYD Company (01211) rose more than 5%, as of press time, up 5.01%, at HKD 218, with a turnover of HKD 0.764 billion.
According to the Wise Finance APP, BYD Company (01211) rose more than 5%, up 5.01% as of press time, at HKD 218, with a turnover of HKD 0.764 billion.
On the news front, BYD announced the launch of the 2025 model Sea Lion and Sea Lion 07 DM-i on the evening of August 8. The new Sea Lion is the first sedan created on the BYD e-platform 3.0 Evo and the first model equipped with a lidar sensor. It is equipped with the DiPilot 300 advanced driving assistance system, which supports city and highway navigation assistance functions. Shanxi Securities research report pointed out that the demand for new energy vehicles and power batteries is recovering, and the policy of replacing old cars with new ones is gradually being implemented. With the continued launch of new models of electric vehicles, it is expected to further stimulate the growth of the new energy vehicle market.
Soochow Securities released a research report saying that BYD sold a cumulative total of 1.955 million vehicles from January to July, a year-on-year increase of 29%. The Qin L and Sea Lion 06 have sufficient orders in hand, and it is expected to rapidly increase production after August, with the Tang/Han series being iterated one after another by the end of the year, opening up a new cycle of new car models. Subsequently, refrigerators will be matched to mid-to-low-end models, and sales of pure electric vehicle models are expected to accelerate. CICC released a Hong Kong stock strategy research report, stating that in mid-to-late August, it will enter the peak period of corporate performance announcements, and the performance of multiple targets including BYD is expected to exceed expectations.