Goldman Sachs: Rated BYD Company (01211) as "buy" with a target price raised to HK$364.

Goldman Sachs released a research report stating that it is expected that BYD COMPANY (01211) will accelerate the deployment of Navigation On Autopilot (NOA) in more mainstream vehicle models this year to strengthen its competitiveness. Goldman Sachs believes that with industry-leading cost advantages and strong execution efficiency, BYD Company Limited will become one of the strongest enterprises this year. The target price for BYD Company Limited's H shares has been raised from HK$359 to HK$364, with a "buy" rating.