BYD Seems Better Positioned in Domestic Price War -- Market Talk

Dow Jones

2025/06/25

0816 GMT - Chinese electric-vehicle maker BYD seems better positioned than its peers in the domestic price war, HSBC analysts say in a research note. After repackaging some existing subsidies and rolling out some incremental seasonal promotions, BYD's sales have been stronger so far in June, they note. The price competition could continue throughout the summer low season, they add. The price cuts should boost domestic sales and absorb part of the margin pressure, while BYD's overseas sales, which have a better margin, should support the bottom line, as well. HSBC maintains a buy call on its H shares with an unchanged target price of HK$151.00. Shares last ended at HK$129.90. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

June 25, 2025 04:16 ET (08:16 GMT)

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After repackaging some existing subsidies and rolling out some incremental seasonal promotions, BYD's sales have been stronger so far in June, they note. The price competition could continue throughout the summer low season, they add. The price cuts should boost domestic sales and absorb part of the margin pressure, while BYD's overseas sales, which have a better margin, should support the bottom line, as well. HSBC maintains a buy call on its H shares with an unchanged target price of HK$151.00. Shares last ended at HK$129.90. (sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 25, 2025 04:16 ET (08:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BYD Seems Better Positioned in Domestic Price War -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBYD Seems Better Positioned in Domestic Price War -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-06-25 16:16</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0816 GMT - Chinese electric-vehicle maker BYD seems better positioned than its peers in the domestic price war, HSBC analysts say in a research note. After repackaging some existing subsidies and rolling out some incremental seasonal promotions, BYD's sales have been stronger so far in June, they note. The price competition could continue throughout the summer low season, they add. The price cuts should boost domestic sales and absorb part of the margin pressure, while BYD's overseas sales, which have a better margin, should support the bottom line, as well. HSBC maintains a buy call on its H shares with an unchanged target price of HK$151.00. Shares last ended at HK$129.90. (sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 25, 2025 04:16 ET (08:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1303224171.USD","symbol_name":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2546358291","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546358291","pubTimestamp":1750839360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0816 GMT - Chinese electric-vehicle maker BYD seems better positioned than its peers in the domestic price war, HSBC analysts say in a research note. After repackaging some existing subsidies and rolling out some incremental seasonal promotions, BYD's sales have been stronger so far in June, they note. The price competition could continue throughout the summer low season, they add. The price cuts should boost domestic sales and absorb part of the margin pressure, while BYD's overseas sales, which have a better margin, should support the bottom line, as well. HSBC maintains a buy call on its H shares with an unchanged target price of HK$151.00. Shares last ended at HK$129.90. 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After repackaging some existing subsidies and rolling out some incremental seasonal promotions, BYD's sales have been stronger so far in June, they note. The price competition could continue throughout the summer low season, they add. The price cuts should boost domestic sales and absorb part of the margin pressure, while BYD's overseas sales, which have a better margin, should support the bottom line, as well. HSBC maintains a buy call on its H shares with an unchanged target price of HK$151.00. Shares last ended at HK$129.90. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 25, 2025 04:16 ET (08:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}