Deutsche Bank: BYD’s New Energy Car Prospect Already Priced In — Market Talk

0350 GMT [Dow Jones] BYD’s (1211.HK) rich valuation has already priced in a speedy ramp-up in demand for new energy vehicles, while its conventional car segment is still fraught with troubles, says Deutsche Bank. “The drop in conventional car sales remains a headache,” it says. “As weak…

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