Glonghui, May 29 | Morgan Stanley released a report saying that BYD announced the launch of the fifth-generation DM hybrid technology. The SEAL 06DM-i and Qin LDM-i will be the first to be equipped with this hybrid technology. The average price of each car is less than 100,000 yuan, showing the company's ambition to increase the market share of joint ventures this year. The launch of related products should increase wholesale volume. The bank will monitor whether this will trigger a new round of price competition. Damo believes that the expected launch of the new model indicates that the company's sales will perform well. The bank gave BYD a “in sync with the market” rating and a target price of HK$225.
大行评级｜大摩：予比亚迪目标价225港元 推新一代混动技术 料提升批发量
Big Bank Rating | Damo: Set a target price of HK$225 for BYD to promote next-generation hybrid technology to increase wholesale volume
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