On July 6, Fuyao Glass rose 3.57% in regular trading, trading at HKD 53.3/share, with turnover of HKD 21.536 million.

On the news front, China's auto-to-countryside subsidy policy officially took effect on July 1, offering substantial subsidies for new energy vehicles. The market expects the policy to effectively boost end-market sales, benefiting upstream auto parts suppliers across the value chain. The broader auto parts sector strengthened in tandem, with Minth Group up 3.14% on the same day.

Additionally, UBS recently maintained a \"Buy\" rating on Fuyao Glass while lowering its target price to HKD 85, reflecting slightly reduced earnings forecasts for 2026-2028 due to lower-than-expected domestic passenger vehicle shipments starting Q2. However, UBS expects Fuyao's average selling price to improve both year-over-year and quarter-over-quarter in Q2, supported by optimized vehicle model mix and higher penetration of value-added products. The bank anticipates operating performance to improve sequentially in the second half. Fuyao reported Q1 revenue of RMB 10.413 billion, up 5.08% year-over-year, with continued market share gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)