Daiwa: BYD Company (01211.HK) is expected to have a strong rebound in the second quarter, with net profit rebounding to 9 billion RMB.

According to the Wise Finance APP, Goldman Sachs has released a research report stating that BYD Company Limited (01211.HK) is expected to experience a strong recovery in the second quarter after a year of adjustments, which will help rebuild market confidence and support reevaluation of its valuation for the second half of the year and 2027. They maintain a "buy" rating with a target price of HK$121 for the H shares.