On August 3, BYD ELECTRONIC rose 3.15% in regular trading, trading at 24.22 HKD/share, with turnover of approximately 105 million HKD.
On the news front, the smartphone supply chain has been experiencing a sustained recovery, with iPhone 17 entering large-scale mass production and select Apple supply chain companies actively ramping up recruitment. Foldable screens are also viewed as a new industry growth driver. As a core supplier of smartphone components and assembly services, BYD ELECTRONIC is expected to directly benefit from the new device stocking cycle. Additionally, institutions remain bullish on the company's liquid cooling and power supply businesses as catalysts for expanded growth. China Post Securities maintains a Buy rating, forecasting continued revenue and net profit growth, with projected revenues of 183/201.2/225.3 billion yuan for the coming three fiscal years and attributable net profits of 2.6/4.0/5.5 billion yuan respectively.
The stock had previously declined for two consecutive trading days, and the current rebound also incorporates a technical recovery factor.
(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.)
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