BYD- H&A_ Lift PTs to HK$600_Rmb560 on expectations that BYD will become the 'Toyota' of the global EV marketplace. Thu Feb 20 2025
2025-02-23 14:59
Asia Pacific Equity Research 20 February 2025 Correction (See disclosures for details) BYD- H&A Lift PTs to HK$600/Rmb560 on expectations that BYD will become the 'Toyota' of the global EV marketplace Share price strength set to continue: We have spoken to nearly 200 investors over the past one week on calls and in meetings following placing BYD on Positive Catalyst Watch on 7 Feb (here) and the company's reverse roadshow where we had the chance to test drive BYD's latest models (here). All in all, we belie ...