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Nomura Adjusts BYD's Price Target to 509 Yuan From 379 Yuan, Keeps at Buy
Nomura Adjusts BYD's Price Target to HK$496 From HK$375, Keeps at Buy
BYD's Smart Driving System May Help Retain Its Leading Position in China EV Industry -- Market Talk
Nomura: Maintains Buy rating for BYD Company (01211) and raises Target Price to 496 Hong Kong dollars.
With BYD's Autos equipped with the Tian Shen Yan Asia Vets driving system, it is believed that the leader of the electric vehicle market in China has entered the next stage of evolution in the automotive industry.
China and the US cooperation reshapes valuation logic! NIO and Xpeng lead the rise in auto stocks, institutions say Chinese auto companies are expected to benefit.
① Why has Xiaopeng been able to lead the surge in Hong Kong's Autos Sector? ② How will the warming cooperation between China and the United States in the electric vehicle industry reshape the Global supply chain and vehicle company valuation system?
Hong Kong stocks are moving; "Weilai, Xiaopeng, and Li Auto" lead the rise in New energy Fund, and Morgan Stanley is Bullish on the cooperation between China and the United States in the field of electric vehicles.
Morgan Stanley released the latest Research Reports, stating a very Bullish outlook on the collaboration between China and the United States in the electric vehicle sector. The Institutions indicated that the relationship between the two countries' Autos industry may have passed its nadir.
