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Hong Kong stocks are moving | Apple Supplier stocks are rising across the board, COWELL (01415) is up over 5%, Sunny Optical (02382) is up over 4%.
Apple Supplier stocks are rising across the board. As of the time of writing, COWELL (01415) is up 5.17%, at 23.4 Hong Kong dollars; Sunny Optical (02382) is up 4.43%, at 68.4 Hong Kong dollars; BYD Electronics (00285) is up 3.56%, at 33.45 Hong Kong dollars.
Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
Citi: Lowers the Target Price for BYD Electronics (00285) to HKD 38.9, maintaining an "Outperform" rating.
BYD Electronics (00285) announced that its net income in the first quarter of the 2025 fiscal year only grew by 2% year-on-year, mainly due to a slowdown in demand for its high-profit Metal shell Business compared to last year's high base.
The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.
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Citigroup: BYD's first-quarter net profit meets market expectations, maintaining its status as an "Industry preferred choice."
Citi released a Research Report stating that BYD (01211) had a net income of 9.16 billion RMB for the first quarter, a year-on-year growth of 100%, which meets market expectations. The bank expects a quarter-on-quarter shipment increase of 25% to 35% in the second quarter, reaching at least 1.25 million units. After excluding profits from BYD Electronics, the bank estimates that BYD's net profit per vehicle for the first quarter is approximately 8,733 RMB and expects that the net profit per vehicle in the first half of the year will stabilize at around 9,000 RMB. The bank believes that in April, the three main sales benchmarks for BYD (wholesale/domestic retail/export) should all record quarter-on-quarter growth. Citi maintains BYD as its "
Hong Kong stock movement | BYD Electronics (00285) fell nearly 9% after earnings, with first-quarter revenue and profit slightly increasing year-on-year, while changes in iPhone shipment structure may affect the Business.
BYD Electronic (00285) fell nearly 9% after the earnings report, currently down 6.62%, at HKD 32.5, with a trading volume of HKD 0.522 billion.
長命百伍歲 : Agreed
, it is a worthless, trashy, and smelly Stocks, causing me to lose half of my account value.