Q: Do you see BYD as useful to hold going forward/doesn have a valuable growth and risk-weighted profile at the moment?
5i Research Answer:
BYD is recovering nicely this year as it has laid out its three-year growth plan (comments posted in Q&A). After a very weak 2024, very strong earnings growth is expected in 2025. There are some risks, but the worst might be over here, and we would be fine holding for a higher-risk investor (it is still a smallish company).