---
title: "BYD Electronics rises over 8% despite Goldman downgrade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292577544.md"
description: "BYD Electronics climbs 8% in Hong Kong trading to HK$23.160, defying Goldman Sachs' sell rating and target price cut to HK$21."
datetime: "2026-07-14T06:40:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292577544.md)
  - [en](https://longbridge.com/en/news/292577544.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292577544.md)
generator: "portal-rs"
---

# BYD Electronics rises over 8% despite Goldman downgrade

BYD Electronics (285.HK) **rises** over 8% in Hong Kong trading to **HK$23.160**.

The rally comes after Goldman Sachs downgraded the stock to "sell" on July 7 from "neutral," slashing its price target from HK$40 to HK$21. The bank cited rising memory costs dampening demand and a low share of AI server revenue as reasons for lowering its 2026-2028 forecasts for revenue, gross margin, and net profit.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**