HK Stock Market Move | BYD COMPANY (01211) rose more than 8% in early trading, with overseas sales in June nearly doubling year-on-year. It is expected that the full-year overseas sales will exceed expectations.

BYD COMPANY (01211) rose more than 8% in early trading, with a rise of 8.76% as of the time of publication, reporting 78.8 Hong Kong dollars, with a turnover of 1.324 billion Hong Kong dollars. On the news front, BYD Company Limited announced sales data for June, with overall sales for the month exceeding 400,000 units, maintaining year-on-year growth, mainly due to record high overseas sales of 175,300 units, a year-on-year increase of 94.73% and a month-on-month increase of 9.15%. Recently, Wang Chuanfu, Chairman of BYD Company Limited, stated that BYD Company Limited's overseas sales in 2026 are expected to exceed expectations. Huachuang Securities previously pointed out that the company's overseas expansion may benefit from reasons such as the continuous ramp-up of overseas factory production capacity, improvement in maritime shipping capacity, and expansion of distribution channels. The firm stated that considering the significantly higher ASP and profitability of overseas single vehicles compared to domestic ones, the large-scale volume expansion of overseas operations will further optimize the company's overall profit structure, drive a structural increase in ROE, and continue to realize overseas business as the company's core growth engine.