Underperform rating on BYD: Macquarie

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Underperform rating on BYD: Macquarie

Underperform rating on BYD: Macquarie
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Underperform rating on BYD: Macquarie

by CNBC Videos 3:51 mins

Janet Lewis, Head of Industrials Research, Asia at Macquarie, says BYD is rated "underperform" because of stretched valuations. She also explains her target price of HK$12.80 for the stock.

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