The Zhitong Finance App learned that UBS released a research report saying that after attending the BYD (01211.HK) analyst and investor conference, their positive views and confidence in the company increased. The bank expects BYD to sell more than 2.5 million vehicles overseas in 2027 and achieve sustainable unit profits; in the domestic market, based on strong demand for second-generation blade battery models, the bank saw further evidence of increased sales volume and increased profit margins. UBS reaffirmed its “buy” rating and industry preferred stock status, with a target price of HK$135.

The Zhitong Finance App learned that UBS released a research report saying that after attending the BYD (01211.HK) analyst and investor conference, their positive views and confidence in the company increased. The bank expects BYD to sell more than 2.5 million vehicles overseas in 2027 and achieve sustainable unit profits; in the domestic market, based on strong demand for second-generation blade battery models, the bank saw further evidence of increased sales volume and increased profit margins. UBS reaffirmed its “buy” rating and industry preferred stock status, with a target price of HK$135.