Express News | BYD Auto: SEAL sold 14,269 cars in April.

Breakings14:52

Express News | BYD destroyers sold 32,800 units in April

Breakings11:15

Changes in Hong Kong stocks | Xiaopeng Automobile-W (09868) opened more than 8% and led the auto stock market in April, sales of new power car companies were steady, and trade-in is expected to boost demand

Auto stocks collectively opened higher. As of press release, Xiaopeng Automobile-W (09868) rose 8.35% to HK$37; Ideal Automobile-W (02015) rose 7.06% to HK$115.2.

Zhitong Finance09:26

Express News | BYD Dynasty sold 158,678 vehicles in April, up 37.3% year on year

BreakingsMay 2 20:29

Express News | According to BYD Auto's Weibo account, the BYD Hantang family sold 35,685 vehicles in April, with cumulative sales exceeding 1.34 million vehicles.

BreakingsMay 2 17:31

According to a report issued by China Merchants Securities, BYD's net profit for the first quarter of 4.57 billion yuan (same below) increased 10.6% year-on-year in line with expectations. Steady performance under the overall weak conditions of the market

According to a report issued by China Merchants Securities, BYD's net profit for the first quarter of 4.57 billion yuan (same below) increased 10.6% year-on-year in line with expectations. Steady performance under the overall weak conditions of the market. High-end products and an increase in the share of exports are the keys to driving performance growth. The gross margin was 21.9%, an increase of 4 percentage points year-on-year. The gross profit margin of automobile sales (excluding BYD Electronics) was 28.1%, up 7.3 percentage points from year to year. China Merchants Securities expects the company's profit margin to be relatively low in the first quarter and is expected to pick up in the next quarter. Keep the profit forecast unchanged and maintain the “Overstock” rating and target price of HK$300.

Zhitong FinanceMay 2 14:03