Insights

  • CITIC Securities says BYD's reasonable market value should exceed RMB 1 trillion

    More analysts believe BYD's market capitalization will exceed 1 trillion yuan.

  • Citi initiates coverage on Li Auto with Buy rating and HK$165 price target

    Citi has initiated coverage of Li Auto's Hong Kong shares with a Buy rating and a HK$165 price target. Li Auto closed at HK$106.3 on Tuesday, and the price target implies a 55 percent upside.

  • CITIC Securities initiates coverage on Xpeng with Buy rating and $55 price target

    Xpeng closed down 6.58 percent to $37.51 in the US on Monday, and the target price implies 47 percent upside.

  • CICC initiates coverage on Li Auto H shares with Outperform rating and HK$187 price target

    Li Auto closed at HK$ 106.4 in Hong Kong on Monday, and CICC's price target implies 76 percent upside.

  • Everbright Securities lowers Nio price target by 4% to $48.53, maintains Buy rating

    A team at Everbright Securities lowered its earnings forecast and price target for Nio after the company announced its second-quarter earnings report.

  • Deutsche Bank raises delivery forecast for Nio over next two years, reiterates Buy rating and $60 price target

    The team maintained its $60 price target based on 8x 2023E EV/sales, down from 9x previously to account for a broader re-rating of the EV-related stock.

  • Analysts give BYD target valuation of RMB 1.5 trillion

    Following analysts' claims not long ago that BYD would move toward a market capitalization of RMB 1 trillion, there is now a more optimistic team.

  • Goldman Sachs gives Li Auto's H-shares initial rating of "Buy" with target price of HK$240

    This represents a 103 percent upside compared to Li Auto's offering price of HK$118.

  • Deutsche Bank's first look on Nio Q2 earnings: Lower gross margin likely due to higher supply chain inefficiencies

    Nio reported Q2 earnings earlier today that exceeded Wall Street's expectations, and Deutsche Bank analyst Edison Yu's team released their initial take.

  • Analysts expect software to bring sustained revenue for Xpeng

    Realization of the XPILOT software will be a sustained source of revenue and profit for Xpeng Motors in addition to vehicle sales, Northeast Securities said in a report released Tuesday.