On August 28, BYD ELECTRONIC rose 3.26% in regular trading, trading at HK$24.06/share, with turnover of approximately HK$61.51 million. The stock gained momentum as the company's board convened today to review and approve its interim results for the six months ended June 30.

On the news front, BYD ELECTRONIC's board of directors held a scheduled meeting on August 28 to deliberate and publish its H1 mid-year performance. Ahead of the release, Zhongyou Securities had maintained a Buy rating on the stock, projecting full-year revenue of RMB 183 billion and net profit attributable to shareholders of RMB 2.6 billion, citing growth potential in intelligent cockpit, autonomous driving, liquid cooling, and power supply businesses.

Additionally, semiconductor peer Naxinwei reported its interim results on the same day, revealing a turnaround to profitability with net income of approximately RMB 67.6 million. Naxinwei attributed the recovery to surging AI computing infrastructure demand driving rapid growth in automotive electronics and server power applications, signaling broader industry recovery that bolsters market expectations for BYD ELECTRONIC's upcoming earnings.

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