BYD's October car sales up 16 percent year-on-year to 47,732 units
BYD sold 47,732 vehicles in October, up 16 percent from 41,130 in the same period last year, the company's filing on the Hong Kong stock exchange showed today.
CICC sees NIO, BYD out of its valuation system, but near-term trend remains strong
As the shares of Chinese new energy vehicle companies such as NIO and BYD have been rising, their valuations have come to very high levels, raising doubts among many investors. But in the view of Chinese investment bank CICC, although their valuations have gone into no man's land, the short-term trend is still strong driven by positive data.
CICC says BYD's Q4 guidance has room for upward revision, raises price target on H shares by 45%
China's top investment bank CICC has raised its 2020/2021 net profit forecast on BYD by 11%/3% to RMB 4.5/5.4 billion due to profit boost from higher sales of BYD's premium car model Han.
BYD's market cap exceeds that of NIO and Li Auto combined, how did it do it?
Looking at recent Chinese auto stocks, one of the hottest companies is none other than BYD.
BYD could see first profit growth in four years this year
Following a triple-digit jump in net profit in the second quarter, BYD's third-quarter results ushered in even stronger growth, which is expected to push the company's annual earnings to finally bottom out.
Why did Buffett invest in BYD and not Tesla?
BYD shares traded in Hong Kong rose as much as 300% during the year.
BYD net profit up 1360% year-on-year in Q3
Chinese carmaker BYD reported third-quarter net profit of RMB 1.751 billion, up 1,362.66% year-on-year, the company reported on October 29.
How did BYD rise to prominence?
From the earliest days of the company's business establishment, to the difficult financing of the start-up, and then to the cost advantage, BYD's business has grown by leaps and bounds. The first seven years of BYD's existence were a period of rapid and unstoppable growth.
BofA: Rising blade battery adoption to drive BYD growth
In a report on October 29, BofA analyst Ming Hsun Lee and Jessie Lo said rising blade battery adoption and better mix of electronic business will drive growth of Chinese carmaker BYD.
BYD to unveil new EV platform, first model to be released next year
Chinese carmaker BYD is pre-researching its next-generation high-performance, high-safety pure electric vehicle platform, which will apply a host of innovative technologies to take full advantage of the electric vehicle's space, driveability and intelligence, Chinese media quoted BYD senior vice president Lian Yubo as saying.