Lates News

Every AI Express, Dongwu Securities released a research report on September 2, giving BYD (002594.SZ) a buy rating. The rating reasons mainly include: 1) Performance in Q2 slightly lower than expected; 2) Intensifying domestic competition, increasing costs for intelligent driving, Q2 single-car profit declined month-on-month; 3) Expected annual sales volume of nearly 5 million vehicles, accelerating high-end and internationalization; 4) BYD Electronics' profit in H1 increased by 21% year-on-year; 5) R&D expenses continue to increase, operating cash flow impressive. (Daily Economic News)