The Zhitong Finance App learned that BYD shares (01211) rose nearly 5%. As of press release, it had risen 4.68% to HK$94, with a turnover of HK$1,266 billion.

According to the news, on July 28, BYD officially confirmed that its humanoid robot products will be officially unveiled in August. Previously, BYD posted a promotional poster for the humanoid robot at “D Space | Zhengzhou Pavilion”. The poster said, “At the beginning of August, I have a new friend and I want to meet you.” According to public information, “Di Space” is a branded offline immersive experience terminal created by BYD. It differs from the single sales function of traditional 4S stores. The space focuses on brand display, product experience, user interaction and technology display, and is the launch scene for BYD's new technology and products.

Furthermore, Citi recently released a research report stating that the “BYD Weighted Fundamentals Index” in July was positive 0.07, reflecting that fundamentals are still positive. The bank expects that the company's export momentum will continue until the third quarter. Coupled with steady results in the second quarter, it will help dispel market concerns about profit visibility in the second half of the year, and support BYD to gradually receive critical reviews for profits through market integration and focus on export themes. The “buy” rating of BYD shares is maintained, and the target price is HK$142.

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