Major shareholders have now divided US capital to lighten BYD H shares

Major shareholders have now been divided by the U.S. capital to lighten up, Fidelity Holdings according to the Hong Kong Stock Exchange data, May 14, the U.S. capital Group Companies,inc.　　), at an average price of HK $27.316, reduced its share of 1.836 million shares in BYD, with a capital of HK $50.1522 million, and the proportion of BYD's H shares to 6.88% from the earlier 7.2%. BYD's H shares closed at HK $26.7 yesterday, but on the same day, Bermuda Dafuda International Limited (Fidelity International Limited)　　On May 14, the average price of 3.226 U.S. dollars to increase the 4.3147 million shares of BYD's H shares, 13.9192 million U.S. dollars in investment, the proportion of BYD's share of the shares from the earlier 4.66% to 5.42%. Morgan Stanley reported a recent report that the auto market benefited from mainland demand and increased its earnings forecast for the next two years to 27% and 28%, with the target price rising from HK $9.55 to HK $16.5. However, Morgan Stanley believed that BYD's share price, which rose more than 1 time times from the start of the year, has gone beyond its fundamentals, is now hard to maintain, and its electric car's revenue contribution is far too fashionable to maintain its "weaker than the big city" investment rating.