On June 2, BYD Electronic rose 3.12% in regular trading, trading at HKD 29.74/share, with trading volume of HKD 104 million, extending its recent upward trend.
On the news front, CMB International expects Apple to enter an innovation super-cycle, and BYD Electronic, as a core supplier deriving approximately 60% of its revenue from Apple, stands to benefit significantly from rising supply chain demand. Meanwhile, China Post Securities has maintained its Buy rating on the company, projecting revenue of RMB 183 billion, 201.2 billion, and 225.3 billion over the next three years, highlighting its AI computing infrastructure business with year-over-year growth of 31.70% and robust momentum in automotive electronics.
Institutional trading data shows the company has received net buying in recent sessions. Analysts note that the AIPC wave is driving PC replacement demand, and BYD Electronic's deep partnerships with global brands including Apple, HP, and Dell collectively serve as upward catalysts for the stock price.
(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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