UBS: Raised the target price of BYD Company Limited (01211.HK) to HK$135, maintaining a "buy" rating.

According to the Securities Times APP, UBS has released a research report stating that the May sales volume of BYD Co., Ltd. (01211.HK) has returned to positive year-on-year growth for the first time since September last year, a performance that has surprised the market. There are signs of improvement in both domestic market share and quarterly profit expectations. The target price for H shares has been raised from HK$128 to HK$135, and the "buy" rating has been maintained.