One-week inventory ｜ BYD shares Hong Kong stocks rose 8.81% last week

[trend of individual stocks]

March 27-March 31

Last week, the Hang Seng Index rose by 2.43% and the Hang Seng Technology Index rose by 1.87%.

() Shares of Hong Kong stocks rose by 8.81% last week.Last week, the total turnover was HK$ 10.718 billion. As of last week’s close, the stock price of Hong Kong stocks was HK$ 229.80 and the market value was HK$ 668.981 billion. Hong Kong stocks rose 8.81% this month, 19.31% this year and 2.04% in the last 52 weeks.

[Company comparison]

[Related News]

BYD: Sales of new energy vehicles increased by 92.8% in the first three months.

BYD announced on the evening of April 2 that the company sold 207,080 new energy vehicles in March 2023, and the cumulative sales this year was 552,076, up 92.81% year-on-year. BYD also disclosed that in March 2023, 13,312 new energy passenger cars were sold overseas, and the total installed capacity of power batteries and energy storage batteries of new energy vehicles in March was about 9.891GWh.

Wang Chuanfu, Chairman of BYD: It is suggested to adopt the "multi-gun fast charging" mode, and BYD patents are willing to be opened to the industry free of charge.

According to the interface, on April 1st, at the China Electric Vehicle committee of 100 Forum, Wang Chuanfu, chairman of BYD, suggested that the state extend the new energy purchase tax reduction and exemption policy until 2025. At present, there is no consensus on the overcharge standard in the industry. In order to break the bottleneck, it is suggested to adopt the "multi-gun fast charging" mode, that is, charging a car with two or more guns at the same time. The advantage is that it is compatible in the past and can be expanded in the future without changing the standard. BYD has more than 100 patents on "multi-gun fast charging" and is willing to open it to the industry for free use.

Wang Chuanfu: Calling for the extension of new energy vehicle purchase tax relief to 2025.

According to the Securities Times, on April 1st, China committee of 100 Forum on Electric Vehicles (2023) was held in Beijing. Wang Chuanfu, chairman of BYD, said that the automobile market is changing every day, but the trend of electrification will not be reversed. At present, the schedule of full electrification of automobiles in China has been advanced and the process is accelerating. In order to speed up the modernization of the automobile industry, Wang Chuanfu put forward two suggestions at this meeting. First, he hoped to extend the purchase tax reduction and exemption policy for new energy vehicles until 2025; The second is to call on the state to introduce the establishment of overcharge standards and form an industry consensus.

BYD unveiled three electric models at the Mexican brand launch conference.

On March 30th, BYD held a brand launch and new vehicle launch conference in Mexico City, introducing three pure electric vehicle models, Han EV, Tang EV and Yuan PLUS EV, and announcing the official pre-sale price, officially opening a new pattern of BYD’s passenger car market in Mexico. At the press conference, BYD announced the official pre-sale price of three models of Han, Tang and Yuan PLUS in Mexico. Among them, the pre-sale price of Han EV is 1,369,000 pesos, that of Tang EV is 1,399,000 pesos, and that of Yuan PLUS is 799,000 pesos.

BYD passenger cars officially opened for sale in Spain, and two pioneer stores opened at the same time.

According to BYD Auto News, a few days ago, BYD held a brand and new car launch conference in Madrid, Spain, and announced the launch of three pure electric models to the Spanish market, namely Han, Tang and Bydetto 3, and announced the official price. Two pioneer stores in the capital Madrid and the center of Barcelona, the second largest city, will open this week. It is reported that BYD has signed cooperation agreements with three Spanish head dealer groups. Spain is the top five automobile markets in Europe.

BYD’s "F brand" will release its first model in June or be equipped with the "cloud chariot" system.

According to national business daily, an insider close to BYD revealed to reporters that BYD’s "F brand" is expected to be officially released in June, and its first model "SF" will be equipped with BYD’s "Yun Ji" system to be released on April 10th.

The spy photos of BYD F brand’s first model are exposed, and it is expected to be released in June and open for pre-sale in the second half of the year, focusing on the market of 400,000 to 600,000 yuan.

According to the interface news, recently, the latest road test spy photos of the first model "SF" of BYD "F brand" were obtained. From the window sticker, it is still the test vehicle with the previous number "2316". It is reported that "2316" means that SF will be equipped with front and rear dual motors and three locks (front and rear differential locks+electric middle locks), based on a brand new energy off-road platform, and "6" indicates that "F brand" will be officially released in June. In addition, according to informed sources, Xiong Tianbo, the former director of the Automobile Industry Office of BYD Co., Ltd. and the president of the Automobile Sales Research Institute, will be the general manager of BYD’s "F brand" sales division, and will fully lead the development of key work such as "F brand" product planning, channel sales and brand building. It is understood that the first model SF of BYD’s "F brand" is expected to start pre-sale in the second half of this year, and the new car will focus on the market of 400,000 to 600,000 yuan in the future.

Hong Kong stock BYD electronic trading soared more than 10%.

Hong Kong stock BYD soared more than 10% in electronic trading, and now it is reported at HK$ 24.950, with a current market value of HK$ 56.217 billion. BYD shares rose nearly 2%. BYD recently said that in addition to the game graphics card business, BYD Electronics also cooperated with NVIDIA’s business in the fields of servers and intelligent driving, and the value of the follow-up business was relatively high.

BYD: The cooperation between BYD Electronics and NVIDIA accounts for a small proportion of the whole business, but the value of the follow-up business is relatively high.

BYD said in the newly disclosed investor relations activity record that BYD Electronics used to cooperate with NVIDIA in the game graphics card business, and now we will also cooperate with its business in the fields of servers and intelligent driving. At present, it is mainly OEM, accounting for a small proportion of the whole business, but the value of the follow-up business is relatively high, and the proportion of these businesses will increase in the future.

Wang Chuanfu: BYD has pricing power, but "it will not make others lose their way."

Wang Chuanfu, chairman of BYD, judged that the penetration rate of new energy vehicles will reach 40% ~ 45% in 2023, and may exceed 50% in a single month. The annual sales volume is expected to be 8.5 million ~ 9 million. Based on the market penetration rate of 9 million new energy vehicles and 45%, the size of the automobile market will reach 20 million in 2023, while the market size of traditional fuel vehicles will further drop to about 11 million, a further decrease of about 4 million compared with 2022. Wang Chuanfu said that BYD has pricing power at the product price of 100,000-200,000 yuan, but the company also hopes to be stable. "Don’t make everyone feel uncomfortable, no one else has a way out." In the face of competition, BYD’s strategies are speed, technology and strategy respectively.

BYD: Overseas bases have been put into production one after another, and now the scale is not large. With the development of various businesses, the overseas layout will become larger.

BYD was recently asked "the domestic and overseas production situation of BYD Electronics and the target of capacity planning?" According to the company, overseas customers are mainly in the field of consumer electronics and smart products, and cooperate with overseas customers to provide global services including R&D, manufacturing, technical services and after-sales services. Overseas bases have been put into production one after another, and now the scale is not large, but with the development of various businesses, the overseas layout will become larger in the future.

BYD: In 2022, the new energy vehicle market will enter the knockout stage, and enterprises must put speed first.

BYD received the survey yesterday, and Wang Chuanfu, chairman and president of BYD Group, attended. According to the company, in 2022, the new energy vehicle market will be in short supply, but by 2023, the situation of insufficient production capacity and lack of materials will be greatly improved, and it will enter the knockout stage. In January and February this year, the total market plate decreased year-on-year, but the new energy increased year-on-year, and the company contributed the main increase, and the market share further increased. BYD suggested that in the current market environment, what is most needed is "fast", and "fast fish eat slow fish" is more appropriate than "big fish eat small fish", so automobile enterprises must put speed first.

China Automobile Association: BYD’s growth rate is the most significant among the top ten SUV manufacturers in January and February.

According to the statistical analysis of China Automobile Industry Association, in January and February 2023, the top ten SUV manufacturers sold 1.043 million vehicles, accounting for 65.9% of the total SUV sales. Among the above ten enterprises, compared with the same period of last year, BYD’s share growth rate was the most significant, Chery Automobile, Tesla, GAC Toyota and BMW Brilliance showed double-digit growth, SAIC’s share increased slightly, and other enterprises showed different degrees of decline.

Wang Chuanfu, founder of BYD: The IPO plan of our semiconductor business is still in progress.

Wang Chuanfu, founder of BYD: The IPO plan of our semiconductor business is still in progress.

Wang Chuanfu, founder of BYD: Our goal is to become the largest automobile manufacturer in China by the end of this year.

Wang Chuanfu, founder of BYD: Our goal is to become the largest automobile manufacturer in China by the end of this year. There is no plan to enter the American passenger car market for the time being.

Wang Chuanfu: The essence of the price war is that supply exceeds demand, and the market will resume a good growth level in May.

At the performance meeting on March 29th, Wang Chuanfu, chairman of BYD, said in response to the recent price war in China auto market that the reason for the price war was the contradiction between supply and demand, and the supply exceeded demand. Some enterprises will be eliminated, and some enterprises will gain greater market share. Home appliances, mobile phones and other industries are calling in this way, and new energy and automobiles are no exception. In 2023, the market will also enter a knockout stage. If supply exceeds demand, the price war will continue. Wang Chuanfu also said that the price war did have a certain psychological impact on consumers, but I believe the impact will be reduced at the end of April. With the launch of auto shows in various places in May, market confidence will gradually recover. I believe that in May, the automobile market in China will return to a relatively good growth level.

Wang Chuanfu: BYD’s sales in the first quarter still increased by more than 80% year-on-year.

At the performance conference on March 29th, Wang Chuanfu, chairman of BYD, said that the demand for automobiles in China in January and February was slightly weaker than that in the same period of last year, but BYD still maintained a strong growth. The sales volume in January and February increased a lot compared with the same period of last year, with an increase of about 84.2%. Wang Chuanfu said that in a few days, the data for March will be released. I believe that the sales volume in the first quarter will still maintain a growth rate of more than 80% compared with the same period last year.

Wang Chuanfu, founder of BYD: China’s new energy vehicle market has entered a stage of comprehensive expansion.

Wang Chuanfu, founder of BYD, said that Tengshi brand has received more than 50,000 orders, and luxury goods look to the brand to target the market segment of one million yuan. Despite the "great challenge", it has achieved good results. China’s new energy vehicle market has entered the stage of all-round expansion. The demand for battery energy storage is still strong, the demand for batteries by consumer goods is slowing down, and the global demand for smart phones is still sluggish.

BYD Electronics: The net profit in 2022 was 1.858 billion yuan, compared with 2.31 billion yuan in the same period of last year.

BYD Electronics announced on the Hong Kong Stock Exchange that its revenue in 2022 was 107.18 billion yuan, compared with 89.06 billion yuan in the same period last year, and its net profit was 1.858 billion yuan, compared with 2.31 billion yuan in the same period last year.

BYD shares: It is decided to issue new domestic and overseas debt financing instruments with principal not exceeding RMB or equivalent of RMB 50 billion in the domestic and overseas bond markets.

BYD shares: It is decided to issue new domestic and overseas debt financing instruments with principal not exceeding RMB or equivalent of RMB 50 billion in the domestic and overseas bond markets.

BYD: The net profit in 2022 increased by 445.86% year-on-year.

BYD announced that its net profit in 2022 was 16.622 billion yuan, a year-on-year increase of 445.86%, and a cash dividend of 11.42 yuan was distributed for every 10 shares.

BYD has successively set up new automobile sales companies in Nanning, Wuxi and Shenzhen.

Tianyancha App shows that from March 15 to March 23, Nanning BYD Dimeng Automobile Sales Co., Ltd., Wuxi BYD Shengshi Xinjing Automobile Sales Co., Ltd. and Shenzhen BYD Shengshi Zhuojing Automobile Sales Co., Ltd. were established, and their legal representatives were Sun Junchao, Liu Xiaoyan and Luo Yuqing, and their business scope included automobile sales; New energy vehicle sales; Retail of auto parts, etc. All three companies are wholly owned by BYD Auto Industry Co., Ltd..

This article comes from the theme of Hong Kong-US Datalink. Click to read more about Hong Kong-US companies > > >