BYD Teases New Electric Sedan E7
BYD (01211) has been ranked first among all brands in Hong Kong, and Chairman Wang Chuanfu visited Harmony (03836).
On March 26, BYD (01211) Chairman Wang Chuanfu inspected the Hong Kong Harmony BYD Brand Center, visited the Harmony (03836) headquarters, received a work report from Harmony BYD, and met with key leaders of the Hong Kong government.
Large bank rating | Deutsche Bank: Raises BYD's Target Price to 460 HKD and raises its profit forecast for this year.
Deutsche Bank published a research report indicating that BYD's performance last year met expectations, with a net profit increasing by 34% year-on-year to 40.25 billion yuan, and the net profit in the fourth quarter also reached a new high under the record sales. The bank has raised its net profit forecast for the company this year by 0.6%, increasing the Target Price from 400 Hong Kong dollars to 460 Hong Kong dollars, and maintaining a rating of "Buy."
【Brokerage Focus】Agricultural Bank International: The Global stock market is increasingly diverging, expectations for China's economic policy easing are rising, pay attention to structural opportunities.
Jinwu Financial News | Agricultural Bank International released a Research Report highlighting the significant divergence in the Global financial markets recently. The European and American stock markets are under pressure from inflation and interest rate hike expectations, while the Asia-Pacific markets have experienced a partial rebound due to eased policy expectations. Core data shows that the Hang Seng Index rose slightly by 0.41%, the Dow Jones Industrial Index fell by 0.37%, the USA's fourth-quarter GDP growth rate was revised up to 2.4%, exceeding expectations, and China's net financing scale for government bonds in the first quarter reached a historic high of 1.45 trillion yuan, but industrial profits shrank by 0.3% year-on-year, indicating ongoing concerns about economic recovery. Global market volatility is increasing, and risk aversion sentiment is rising in the US stock market.
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