HK Stock Market Move | BYD COMPANY (01211) rose more than 6% in morning trading; October NEV exports doubled year-on-year, with overseas expansion contributing to profit elasticity.

BYD COMPANY (01211) rose more than 6% in morning trading. As of press time, it was up 5.39% at HK$76.2, with turnover of HK$1.429 billion. On the news front, BYD Company Limited's total sales in October were 490,000 units, up 11.0% year-on-year; October exports of new energy vehicles were 170,000 units, up 102.8% year-on-year, accounting for 34.7% of total sales for the month. Soochow expects BYD Company Limited's 2026 sales to reach 4.6-4.8 million units, including 1.8-1.9 million overseas, with sustained high export growth offsetting pressure on domestic sales. Huaan stated that BYD Company Limited is accelerating its global production capacity layout, with its Hungary plant expected to commence production in the fourth quarter, comprehensively enhancing overseas supply guarantee capabilities as globalization enters a new stage of high-quality development. In the first three quarters of 2026, the company's overseas sales were 1,337,800 units, up 90.7% year-on-year. Full-year overseas sales are expected to exceed 1.9 million units, up more than 80% year-on-year. Overseas products carry generous margins and have become a guarantee of the company's profitability.