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UBS: Expects BYD's (01211.HK) Overseas Sales to Exceed 2.5 Million Units by 2027, Reiterates Buy Rating
3 hour ago /
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Author：小编
On September 8, UBS released a research report stating that after participating in BYD's (01211.HK) analyst and investor conference, its confidence in the positive outlook for BYD has strengthened. UBS anticipates that BYD's overseas sales will surpass 2.5 million units by 2027, achieving sustainable unit profits. In the domestic market, due to strong demand for second-generation Blade Battery models, there are further signs of sales growth and margin improvement. UBS reiterates its Buy rating and industry top pick status for BYD, with a target price of HK$135.
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