Nomura: BYD Company Limited (01211) saw its first quarter shipment volume again outperform revenue growth, maintaining a "Buy" rating.

As a market leader, BYD continues to benefit from its expanding Business scale.

Zhitong Finance23:00 ET

【Brokerage Focus】BOCOM INTL maintains a Buy rating on BYD (01211), indicating that its strong performance in the first quarter is driven by robust export growth.

Jinwu Financial News | BOCOM INTL's Research Reports indicate that BYD (01211) will have a revenue of 70.4 billion yuan in Q1 2025, up 36% year-on-year and down 38% quarter-on-quarter, with a Net income of 9.2 billion yuan, an increase of 100% year-on-year and a decrease of 39% quarter-on-quarter, while the non-recurring Net income is 8.2 billion yuan, up 118% year-on-year and down 41% quarter-on-quarter. Although Q1 is the industry's off-season, the gross margin for Autos reached 24%, exceeding market expectations, primarily due to the strong growth in exports significantly driving unit price and gross margin, along with BYD's clear cost advantages from vertical integration of the supply chain. The strong growth in exports will drive an increase in unit price and gross margin, while intelligent driving equity.

Jinwu Financial News22:48 ET

Guotai Junan: Lithium may find it difficult to break free from a weak pattern in the short term, while cobalt is expected to stabilize and gradually rise.

The cobalt company has diversified into the downstream manufacturing of electric vehicles, creating an integrated cost advantage in cobalt-nickel-precursor-tri-metal systems, which enhances competitive barriers.

Zhitong Finance21:15 ET

Hong Kong Stock Morning Report | JD.com announced it will recruit 100,000 riders in the next three months, and Ant Fortune is offering to acquire Hong Kong's Yao Cai Securities.

① JD.com stated that it will recruit 100,000 riders over the next three months. ② Ant Wealth initiated a tender offer for Hong Kong’s Yaocai Securities. ③ The Chief Secretary for Administration of Hong Kong expressed that Global capital reallocation brings opportunities to the region. ④ Regulators stated that CKH HOLDINGS port Trade must not evade antitrust review.

cls.cn19:27 ET

Hong Kong Stock Announcement Gold Mining | BYD Company (01211) reported a net income of 9.155 billion yuan in the first quarter, an increase of 100.38% year-on-year.

SIHUAN PHARM (00460): The facial filler (child's face needle) independently developed by Meiyan Space has obtained market approval from the National Medical Products Administration; GRANDPHARMA (00512): The early detection product for urological tumors has achieved its first commercial prescription in mainland China.

Zhitong FinanceApr 27 07:37 ET

China Q1 Auto Imports See Rare 39% Year-on-year Decline

CnEVPostApr 27 04:05 ET