by winston » Fri Jul 10, 2015 1:30 pm
not vested
BYD COMPANY (01211.HK) Surges 11% on Broker's Bullish View
As Credit Suisse rated BYD COMPANY (01211.HK) at Buy with target price set at $75 and the charging pile guiding measures, which may set out the standards for introducing private capital, are said to be rolled out in Mainland within the month, the stock reclaimed the 10MA ($39.9) this morning.
It peaked at $40.2 and last traded at $38.25, up 11%, on volume of 11.94 million shares. Its A-share hit the limit-up at RMB54.07.
In addition, BYD ELECTRONIC (00285.HK), just signed an asset sale and procurement agreement with its parent company, recouped the 250MA and 10MA ($8.96 and $9.16), hitting the high at $9.39. It last stood at $9.16, advancing 9%, on volume of 4.07 million shares.
Source: AAStocks Financial News
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