[ET Net News Agency, 18 June 2026] UBS raised the target price for BYD Company (01211) to HKD135 from HKD128 and maintained the "buy" rating.
The research house said weak domestic demand and fierce competition should support industry consolidation, potentially resulting in the exits of foreign brands and weaker companies, which could benefit BYD in the long term. (rc)
The research house said weak domestic demand and fierce competition should support industry consolidation, potentially resulting in the exits of foreign brands and weaker companies, which could benefit BYD in the long term. (rc)