HSBC Research Remains Positive on BYD COMPANY and GWMOTOR's Ability to Withstand Significant Raw Material Price Increases
Cost Pressure on Chinese Automakers: HSBC Global Research predicts that rising raw material prices, particularly for metals and memory, will significantly increase production costs for Chinese automakers, especially electric vehicle manufacturers.
Impact of Raw Material Prices: The surge in lithium prices and other materials could raise vehicle costs by RMB3,000-5,000, with additional increases from memory prices potentially adding RMB1,000-3,000.
Stock Resilience: HSBC identifies BYD COMPANY and GWMOTOR as relatively resilient to rising costs, while FUYAO GLASS is expected to be less affected by increased material prices.
Target Prices for Stocks: The target prices set for BYD COMPANY, GWMOTOR, and FUYAO GLASS are HKD139, HKD21.6, and HKD91.2, respectively, with all three stocks rated as Buy.
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HSI Rises 138 Points in Half-Day Trading as CMOC/LAOPU GOLD Jumps 6% After Blue Chip Inclusion; Overall HSI Increases 32% in Year of the Snake
Hong Kong Stock Performance: On February 16, Hong Kong stocks saw a positive half-day session, with the HSI closing up 138 points (0.5%) at 26,705, marking a strong overall performance in the Year of the Snake with a 32% gain.
HSI Quarterly Review Changes: The quarterly review of the HSI included the addition of CATL, CMOC, and LAOPU GOLD, which saw significant gains, while ZHONGSHENG HLDG was removed from the index.
Individual Stock Movements: Notable stock movements included SANDS CHINA LTD rising 2.7% despite a slight decline in property EBITDA, while ANTA SPORTS experienced a minor drop after shareholder approval for a significant acquisition.
US Department of War Update: The US Department of War's withdrawal of the "List of Chinese Military Companies" impacted stock prices, with BABA-W declining 0.5% and BIDU-SW increasing by 1.3%.
HSI Declines by 65 Points at Opening; CATL and CMOC Start Strong Among Blue Chips; Alibaba and Baidu Struggle
US Inflation and Stock Market Update: US inflation was below expectations while core inflation met them; the DJIA rose by 0.1% last Friday.
Hong Kong Stock Market Performance: The Hong Kong bourse opened lower, with the HSI down 0.2% and other indices also showing declines.
HSI Quarterly Review Changes: CATL, CMOC, and LAOPU GOLD were added to the HSI, while ZHONGSHENG HLDG was removed; CATL and CMOC saw slight increases in their stock prices.
Notable Stock Movements: Stocks like BABA-W and BIDU-SW dropped significantly after being listed as Chinese military companies, while ANTA SPORTS received approval for a stake acquisition in PUMA.
US Department of War Updates 'CN Military Companies List' to Add BABA-W, BIDU-SW, and BYD COMPANY
US Department of War Updates List: The US Department of War added several Chinese companies, including Unitree and ROBOSENSE, to its "List of Chinese Military Companies," while removing others like YMTC and CXMT.
Alibaba's Response: Alibaba stated it is not involved in military activities and plans to take legal action against any misrepresentation of its image following its inclusion on the list.
Short Selling Data: The article provides short selling data for various companies, indicating significant short selling ratios for Alibaba, Baidu, BYD, and NIO.
Market Reactions: The updates to the list and the associated short selling activities reflect ongoing tensions and market reactions to US-China relations.
Chinese Automakers Compete for Nissan-Mercedes Plant in Mexico; BYD and Geely Said to be Finalists
Acquisition Interest: BYD COMPANY and GEELY AUTO are among the final candidates to acquire a Nissan-Mercedes joint venture plant in Mexico, which is facing shutdowns and layoffs due to US tariff policies.
Chinese Carmakers' Strategy: The plant has attracted interest from Chinese carmakers looking to establish a production base in Mexico, with other companies like CHERY AUTO and GWMOTOR also expressing interest.
Short Selling Data: BYD COMPANY has a short selling amount of $290.69M with a ratio of 19.810%, while GEELY AUTO has $40.87M in short selling with a ratio of 9.108%.
Market Analysis: Jefferies has raised the target price for BYD COMPANY to $105, indicating positive market catalysts for the company.
HSI Declines by 392 Points; KNOWLEDGE ATLAS Surges 5% Amid Ongoing AI Stock Rally
Market Overview: The HSI opened 1.5% lower at 26,640, with significant declines in tech stocks such as TENCENT and KUAISHOU, which dropped 1.7% and 1.9% respectively.
Short Selling Activity: Notable short selling was observed in several tech stocks, including BIDU and BILIBILI, with ratios exceeding 20%, indicating bearish sentiment among investors.
PPI Data: China's Producer Price Index (PPI) YoY for January showed a decline of 1.4%, slightly better than the previous value of -1.9% and above the forecast of -1.5%.
AI Stock Rally: The AI sector saw gains with MINIMAX-WP rising 11.9% after launching a new programming model, while KNOWLEDGE ATLAS also experienced a significant increase of 16.9%.
BYD Exceeds Ford in Global Car Sales for the First Time, Selling 4.6 Million Vehicles Last Year: Report
BYD's Sales Achievement: BYD COMPANY surpassed Ford Motor in global sales for the first time in 2025, selling 4.6 million units compared to Ford's 4.4 million units.
Market Position: This milestone positions BYD among the top five global automakers by sales volume, according to reports from Chinese media.
HSI Rises 138 Points in Half-Day Trading as CMOC/LAOPU GOLD Jumps 6% After Blue Chip Inclusion; Overall HSI Increases 32% in Year of the Snake
Hong Kong Stock Performance: On February 16, Hong Kong stocks saw a positive half-day session, with the HSI closing up 138 points (0.5%) at 26,705, marking a strong overall performance in the Year of the Snake with a 32% gain.
HSI Quarterly Review Changes: The quarterly review of the HSI included the addition of CATL, CMOC, and LAOPU GOLD, which saw significant gains, while ZHONGSHENG HLDG was removed from the index.
Individual Stock Movements: Notable stock movements included SANDS CHINA LTD rising 2.7% despite a slight decline in property EBITDA, while ANTA SPORTS experienced a minor drop after shareholder approval for a significant acquisition.
US Department of War Update: The US Department of War's withdrawal of the "List of Chinese Military Companies" impacted stock prices, with BABA-W declining 0.5% and BIDU-SW increasing by 1.3%.
HSI Declines by 65 Points at Opening; CATL and CMOC Start Strong Among Blue Chips; Alibaba and Baidu Struggle
US Inflation and Stock Market Update: US inflation was below expectations while core inflation met them; the DJIA rose by 0.1% last Friday.
Hong Kong Stock Market Performance: The Hong Kong bourse opened lower, with the HSI down 0.2% and other indices also showing declines.
HSI Quarterly Review Changes: CATL, CMOC, and LAOPU GOLD were added to the HSI, while ZHONGSHENG HLDG was removed; CATL and CMOC saw slight increases in their stock prices.
Notable Stock Movements: Stocks like BABA-W and BIDU-SW dropped significantly after being listed as Chinese military companies, while ANTA SPORTS received approval for a stake acquisition in PUMA.
US Department of War Updates 'CN Military Companies List' to Add BABA-W, BIDU-SW, and BYD COMPANY
US Department of War Updates List: The US Department of War added several Chinese companies, including Unitree and ROBOSENSE, to its "List of Chinese Military Companies," while removing others like YMTC and CXMT.
Alibaba's Response: Alibaba stated it is not involved in military activities and plans to take legal action against any misrepresentation of its image following its inclusion on the list.
Short Selling Data: The article provides short selling data for various companies, indicating significant short selling ratios for Alibaba, Baidu, BYD, and NIO.
Market Reactions: The updates to the list and the associated short selling activities reflect ongoing tensions and market reactions to US-China relations.
Chinese Automakers Compete for Nissan-Mercedes Plant in Mexico; BYD and Geely Said to be Finalists
Acquisition Interest: BYD COMPANY and GEELY AUTO are among the final candidates to acquire a Nissan-Mercedes joint venture plant in Mexico, which is facing shutdowns and layoffs due to US tariff policies.
Chinese Carmakers' Strategy: The plant has attracted interest from Chinese carmakers looking to establish a production base in Mexico, with other companies like CHERY AUTO and GWMOTOR also expressing interest.
Short Selling Data: BYD COMPANY has a short selling amount of $290.69M with a ratio of 19.810%, while GEELY AUTO has $40.87M in short selling with a ratio of 9.108%.
Market Analysis: Jefferies has raised the target price for BYD COMPANY to $105, indicating positive market catalysts for the company.
HSI Declines by 392 Points; KNOWLEDGE ATLAS Surges 5% Amid Ongoing AI Stock Rally
Market Overview: The HSI opened 1.5% lower at 26,640, with significant declines in tech stocks such as TENCENT and KUAISHOU, which dropped 1.7% and 1.9% respectively.
Short Selling Activity: Notable short selling was observed in several tech stocks, including BIDU and BILIBILI, with ratios exceeding 20%, indicating bearish sentiment among investors.
PPI Data: China's Producer Price Index (PPI) YoY for January showed a decline of 1.4%, slightly better than the previous value of -1.9% and above the forecast of -1.5%.
AI Stock Rally: The AI sector saw gains with MINIMAX-WP rising 11.9% after launching a new programming model, while KNOWLEDGE ATLAS also experienced a significant increase of 16.9%.
BYD Exceeds Ford in Global Car Sales for the First Time, Selling 4.6 Million Vehicles Last Year: Report
BYD's Sales Achievement: BYD COMPANY surpassed Ford Motor in global sales for the first time in 2025, selling 4.6 million units compared to Ford's 4.4 million units.
Market Position: This milestone positions BYD among the top five global automakers by sales volume, according to reports from Chinese media.
