HUBYDEI@EC2609A

Goldman Sachs Reiterates Buy Rating on BYD Electronics

An Analysis of BYD Electronic's Capital Return Rate and Investment Potential

BYD Actively Expanding in Smart Robotics and Enhancing Electronic Business Efficiency

Kaiyuan Securities Downgrades BYD Electronics Earnings Forecast but Maintains 'Buy' Rating

CMBI Downgrades BYD Electronic Target Price in Report

China Everbright Securities Analyzes BYD Electronic's 2023Q3 Performance and 2024 Business Prospects

Huachang Securities Adjusts BYD Electronic's Net Profit Forecast

Citi Downgrades BYD Electronics Target Price to HKD 43.4

Hin Kwong Au Recommends BYDIF Stock

CLSA predicts BYD Electronics to face 2025 impact but expect strong 2026 growth

BYD Electronic Establishes Remuneration Committee to Supervise Executive Compensation

BYD Electronic Announces First Three Quarters Results for 2023

BYD Electronics Reports 1.0% Revenue Growth and 2.4% Net Profit Increase in First Nine Months of 2025

BYD Electronic FY2025 Q3 Earnings Release on October 30, 2025 During-Market (BJT)

BYD Electronics Becomes NVIDIA AI Server Supplier and Collaborates with Apple on Robots

BYD Electronic to Hold Board Meeting to Review Q3 2025 Financial Results

Goldman Sachs Downgrades BYD Electronic's Profit Forecast for 2025-2027

Caitong Securities Upgrades BYD Electronics to 'Outperform'

Guotai Junan International Publishes Report Analyzing BYD Electronics' Performance

XYZ Securities Analyzes BYD Electronic's Q2 2025 Earnings: Revenue and Net Profit Growth Strong

GUANZE MEDICAL

PCPD

STARCOIN GROUP

HUILI RES

TIMES UNI GP

MANY IDEA CLOUD

WALNUT CAP

SILKWAVE INC

HUA LIEN INT'L

WAI CHUN GROUP

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China, Mexico held talks amid trade tensions over tariffs

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CSI 300

Shenzhen Index

SSE Index

China, Mexico held talks amid trade tensions over tariffs

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Ford anticipates over $7 billion in EV-related charges in 2026 and 2027 due to a strategy pivot, as shared by CFO Sherry House during the Q4 earnings call. The Model E division expects losses of $4 billion to $4.5 billion this year, aiming for breakeven by 2029. Despite mixed Q4 earnings, with revenue of $42.45 billion exceeding expectations, adjusted earnings fell short. Ford is also exploring partnerships with Xiaomi and BYD for battery sourcing. Shares rose 0.81% to $13.68 in pre-market trading.

- Ford Motor Co. anticipates over $7 billion in electric vehicle (EV) charges in 2026 and 2027 as it pivots its strategy.  
- The company's Model E division expects losses of $4 billion to $4.5 billion this year, targeting breakeven by 2029.  
- Ford's Q4 earnings showed a revenue of $42.45 billion but missed adjusted earnings expectations, and reports indicate ongoing talks for partnerships with Chinese companies regarding battery sourcing.

benzinga_article

FORD MOTOR CO 6.000% NOTES DUE 1/12/2059 USD25

Ford Motor

FORD MOTOR CO 6.20% NOTES DUE 01/06/2059 USD25

Forward Industries

FORD MOTOR CO 6.500% NOTES DUE 15/08/2062 USD25

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BYD Company Limited

BYD ELECTRONIC

BYD COMPANY

BYD Company

Hua Xia CSI New Energy Vehicles ETF

First Trust S-Network Future Vehicles & Tech ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Ping An CSI New Energy Vehicles Industry ETF

Xiaomi Corporation

Ford Anticipates $7 Billion EV-Related Charges In Two Years — Predicts Model E Division Would Break Even In 2029

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In the Hong Kong stock market, the three major indices collectively weakened. The Hang Seng Index fell slightly by 0.26%, the Hang Seng TECH Index dropped by 1.87%, and the National Enterprises Index decreased by 0.35%. There was significant sector differentiation, with the internet content and information sector rising slightly; leading company Tencent Holdings increased by 1.2%, and CHINA LIT rose against the trend, boosting the sector's atmosphere, with some funds flowing into leading tech stocks. The hardware, storage, and peripherals sectors performed steadily, with BYD ELECTRONIC rising by 2.1%. The energy and hydrogen energy sectors experienced significant fluctuations, with stocks like Yanzhou Coal Mining, Guofu Hydrogen Energy, and Longguang Group showing strength. The market exhibited clear structural opportunities and a preference for growth sectors, while remaining sensitive to macro liquidity and the RMB exchange rate, resulting in high short-term market volatility

- The Hong Kong stock market is displaying overall weakness, with the Hang Seng Index down 0.26% to 26,765.35 points, and the Hang Seng Technology Index falling 1.87%.  
- Notable declines are observed in major tech and retail stocks, including Tencent, Alibaba, and Xiaomi, attributed to market concerns regarding economic recovery and potential tax increases on gaming revenues.  
- Contrarily, certain stocks like Yancoal Energy and China Cosco Shipping are seeing significant gains, driven by favorable market conditions and heightened investor interest in the energy and shipping sectors.

Market Heartbeat

Hang Seng Index

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Hang Seng TECH Index

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LENOVO GROUP

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YANKUANG ENERGY

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LOGAN GROUP

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Tencent Holdings Limited

Tencent

Hong Kong Stock Market Update | The Hang Seng Index is weak, and the Technology Index has seen consecutive significant declines, with mainland internet companies under collective pressure

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The research report from China Merchants Bank International indicates that Apple's performance in the first quarter of fiscal year 2026 is impressive, with revenue increasing by 16% year-on-year, mainly driven by strong iPhone sales and a recovery in the Chinese market. It is expected that the iPhone cycle and price cycle will remain strong, and Apple will leverage its supply chain advantages to cope with cost pressures. The firm prefers companies that can achieve market share growth during the new product cycle, including LUXSHARE-ICT, AAC TECH, FIT HON TENG, and BYD ELECTRONIC, and has provided corresponding investment ratings and target prices

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CITIC International expects Apple's strong momentum to continue, prefers supply chain stocks

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As of midday, the three major indices of the Hong Kong stock market showed mixed trends. The Hang Seng Index rose slightly by 0.42%, the Hang Seng TECH Index weakened and fell by 1.25%, while the China Enterprises Index edged up, with the overall market primarily experiencing fluctuations. The focus of the market is on capital rotation and structural opportunities, with technology and cyclical stocks performing prominently. MEGAIN rose by 93.33% during the session, and FANGZHOU JIANKE increased by 39.22%, as market funds primarily targeted news-driven stocks. On the macro level, economic data and liquidity continue to dominate market sentiment

- The Hong Kong stock market exhibited divergent movements among its three indices, with the Hang Seng Index rising 0.42% to 26,860.58 points.  
- The technology sector faced pressure, evidenced by a 1.25% drop in the Hang Seng Technology Index, while gold and non-ferrous metal stocks performed strongly, benefiting from recent positive announcements.  
- Recent economic data has significantly influenced market volatility, affecting investment sentiment across consumption, exports, and liquidity, with a notable shift and rotation in market styles expected shortly.

CMOC

CHINAGOLDINTL

LAOPU GOLD

FANGZHOU JIANKE

MEGAIN

SKYMISSION GP

POP MART

INNOSCIENCE

Hang Seng China Enterprises Index

Hong Kong stocks intraday | The Hang Seng Index slightly rises, the technology index under pressure, gold leads a surge in the non-ferrous metal sector

Individual investors hold 20% of BYD Electronic (International) Company Limited (HKG:285), while public companies control 66%, primarily through BYD Company Limited. This significant institutional ownership suggests a strong influence on management and strategy. Hedge funds have minimal investment, and insiders own less than 1%. The general public's stake allows for some influence on company policies, but not enough for major decisions. Analysts recommend further research into ownership structures and performance forecasts for better investment insights.

Simplywall

Individual investors own 20% of BYD Electronic (International) Company Limited (HKG:285) shares but public companies control 66% of the company

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Hang Seng Index 2025 performance summary: The five strongest stocks are CHINAHONGQIAO (+177.4%), ZIJIN MINING (+152.2%), SMIC (+124.7%), Pop Mart (+109.4%), and HANSOH PHARMA (+108.8%); the five weakest stocks are Meituan-W (-31.9%), Li Auto-W (-31.0%), BYD ELECTRONIC (-20%), JD.com-SW (-17.9%), and Zhongsheng (-16.8%). The Hang Seng Index had a cumulative increase of 5,570 points in 2025, a rise of 27.8%, closing at 25,630 points

CHINAHONGQIAO

Zijin Mining

ZIJIN MINING

HANSOH PHARMA

"Review" The five strongest and weakest stocks of the Hang Seng Index in 2025 (Table)

BYD Electronic (International) (HKG:285) has a Return on Capital Employed (ROCE) of 12%, which is above the industry average of 6.7%. However, its ROCE has decreased from 16% over the past five years, indicating a decline in returns despite increased capital and revenue. The rise in current liabilities to 57% of total assets poses potential risks. Although the stock has fallen 14% in five years, the growth in revenue and capital employed suggests potential for long-term performance. Further research is recommended for investors considering this stock.

BYD Electronic (International) (HKG:285) Will Be Hoping To Turn Its Returns On Capital Around

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The three major indices of the Hong Kong stock market fluctuated and consolidated during the trading session, with the Hang Seng Index, Hang Seng TECH Index, and the National Enterprises Index all turning positive at midday. The market showed a divergence in hotspots, with the retail sector declining overall due to weakened consumer demand, lacking leading stocks but with significant movements in some individual stocks. On the macro level, the year-on-year retail sales increase supports consumer and service confidence, with ongoing structural opportunities. Stocks like LEGEND UPSTAR and DESIGN CAPITAL surged significantly, with capital activity focusing on mainstream blue chips and stocks hitting new highs, indicating that structural opportunities still exist in the Hong Kong stock market

- Hong Kong stocks showed volatility, with the Hang Seng Index rising 0.12% to 25,465.21 points after a sluggish morning.  
- Retail and technology sectors performed well, driven by e-commerce mergers and year-end strategies, while macroeconomic data indicated a slight recovery in retail sales growth.  
- Notable stock movements included Vanke Enterprises up 13.77% and China Boton rising 17.78%, reflecting positive market sentiment and significant trading volumes.

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CHINA VANKE

INNOGEN-B

CHINA BOTON

MEITUAN

LEGEND UPSTAR

DESIGN CAPITAL

Hong Kong stocks intraday | All three major indices turned positive at noon! LEGEND UPSTAR surged 61% during the session, showing a clear divergence from the retail sector

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As of noon, the main indices of the Hong Kong stock market have collectively retreated, with the Hang Seng Index, Technology Index, and National Enterprises Index all experiencing slight declines, indicating a clear market wait-and-see sentiment. The sector differentiation pattern is prominent, with leading companies in retail, technology, and communication equipment showing mixed performance. YOFC rose against the trend, while the pharmaceutical, gold, and agricultural machinery sectors were partially active, with funds shifting towards second-tier themes. Retail sales year-on-year rose to 5.3%, improving domestic demand and boosting confidence, but the sustainability of the recovery remains to be observed. The overall market turnover is concentrated in internet and technology manufacturing giants, with some small and mid-cap stocks showing significant gains, and the market's hotspots are switching rapidly

- As of midday, Hong Kong's main indices showed a collective decline, with the Hang Seng Index down 0.43% at 25,325.05 points.  
- Retail sales increased by 5.3% year-on-year, indicating improved domestic demand, which supports investor confidence in consumption recovery.  
- Notable stock movements included Silver Noble Pharma rising 17.97% and Longi Green Energy increasing 62.67%, reflecting active trading and speculative interest in the market.

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FIRST TRACTOR

Hong Kong Stock Mid-Review | Three major indices adjusted, YOFC led the intraday gains, with second-line sectors such as pharmaceuticals and gold active

In the Hong Kong stock market, the three major indices are consolidating at high levels, with the Hang Seng Index and the Technology Index showing slight pullbacks. There is a clear rotation and differentiation among sectors, with the leading communication equipment company YOFC rising against the trend, while the retail, e-commerce, and internet content sectors show mixed performance. Among the actively traded stocks, WanLian Holdings surged 65.33%, indicating a significant spread of interest. Consumer data exceeded expectations, boosting market sentiment. Funds are focusing on consumer recovery and leading companies in related industries

- The Hong Kong stock market is experiencing slight pressure, with the Hang Seng Index down 0.40% at 25,331.93 points.  
- Retail sector performance is mixed, with Alibaba up 1.06% and JD.com down 0.35%, indicating a widening performance gap among companies.  
- Recent retail sales growth of 5.3% has improved market sentiment, attracting investor interest in domestic consumption recovery and retail upgrades.

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Alibaba

Hong Kong stock market intraday | Hang Seng Index down 0.40%, Technology Index under pressure, YOFC leads the sector

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The Hang Seng Index opened flat, and the Hang Seng Tech Index slightly fell by 0.04%. Meituan rose by 1.1%, Baidu increased by 0.9%; NetEase and BYD ELECTRONIC dropped over 1%

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Hong Kong stocks showed a mixed performance today, with all three major indices rising. Funds focused on the retail and internet content sectors, with leading company Alibaba showing a significant increase, while there was divergence within the technology and manufacturing sectors. On the macro level, the manufacturing PMI and foreign exchange reserves had little impact on risk appetite. Volatility in popular stocks has intensified, with funds flowing around industry expectations and fundamentals. The top ten trading volumes were concentrated in leading technology and consumer stocks, with a clear structure in fund flow

- On December 2, Hong Kong's three major indices rose, with the Hang Seng Index up 0.61% at 26,191.14 points.  
- Market sentiment appeared neutral, with 684 stocks rising and 720 falling, while retail and internet sectors attracted significant investment amid a focus on consumption recovery.  
- Key stocks included Alibaba, which rose 2.00%, and BYD, which increased by 3.01%, reflecting improved expectations for consumer spending and technological innovation.

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Q TECH

Hong Kong stock market intraday | Hang Seng Index rises 0.61%, ZTE Corporation declines over 6%! AI smartphones drive overall upward movement in other industry chain targets

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DBS Bank released its 2026 Hong Kong stock outlook report, updating its recommended Hong Kong stock list. The newly added stock is CATL, while ANTA SPORTS has been removed. The recommended stocks and their target prices include: Alibaba 213 HKD, BYD ELECTRONIC 49 HKD, CATL 635 HKD, CCB 9.1 HKD, China Mobile 110 HKD, Hong Kong Stock Exchange 540 HKD, Ping An Insurance 72 HKD, Tencent 800 HKD, Trip.com 684 HKD, Xiaomi 70 HKD

ANTA SPORTS

CATL

Trip.com

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China Construction Bank

DBS lists recommended Hong Kong stocks (Table)

Recently watching $BYD ELECTRONIC(00285.HK) and $LK TECH(00558.HK) this trend, intraday fluctuations, the &#34;death cross&#34; made me want to sell, but then it rose a tiny bit.On the other hand, $FIT HON TENG(06088.HK) and $ZHEJIANG SHIBAO(01057.HK), these two main themes of AI and smart driving have been surging recently. Looking back, I didn’t dare to go heavy, and that FOMO feeling, you know...$AUX ELECTRIC(02580.HK)) is a classic short-term trap—spiked and then fell. Cutting losses early actually feels better now.

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LK TECH

ZHEJIANG SHIBAO

Zhejiang Shibao

BOYD Gaming

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Desktop Metal

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Plus500 Ltd.

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BYD COMPANY-R

BYD: Once the King of Competition, Now Being Outcompeted, Can the King of BYD Successfully Break the Deadlock?

HUBYDEI@EC2609A(20026.HK)

China, Mexico held talks amid trade tensions over tariffs

Ford Anticipates $7 Billion EV-Related Charges In Two Years — Predicts Model E Division Would Break Even In 2029

Hong Kong Stock Market Update | The Hang Seng Index is weak, and the Technology Index has seen consecutive significant declines, with mainland internet companies under collective pressure

CITIC International expects Apple's strong momentum to continue, prefers supply chain stocks

Hong Kong stocks intraday | The Hang Seng Index slightly rises, the technology index under pressure, gold leads a surge in the non-ferrous metal sector