JPMorgan Chase issued a research report on Azure-SW (09866.HK) 0.000 (0.000%) Sell Short $53.80M; Ratio 43.708% (NIO.US) +0.610 (+14.387%) Pre -1.031% Higher visibility of new model launch plans and product pipeline through 2025, and a rapidly improving cash position, which eliminates investor concerns about further financing or risk of equity dilution.
JPMorgan upgraded its rating on U.S. shares of Azalea to Hold from Neutral and raised its price target to $8 from $5.3. Among China’s OEM car makers, the broker is bullish on BYD (01211.HK) 0.000 (0.000%), short $301.60M; ratio of 25.057%, and thinks Azera and Xiaopeng could see a relatively strong rebound in the coming months, as they have lagged significantly this year.
(HK stock quotes delayed by at least 15 minutes. Short selling data as of 2024-09-05 16:25. (Real-time streaming of US stock quotes; all OTC quotes are delayed by at least 15 minutes.