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BYD faces recall of 183,211 Tang and Qin cars

BYD (SZSE:002594) is reported to face a China recall of 183,211 Tang and Qin models over a brake-pedal stopper defect and regulatory scrutiny on service data. Daiwa trimmed its HK$ price target but kept a buy rating; BYD may join a CEO delegation to the U.S.

002594

BYD Company Limited Class H (SZSE:002594) faces a China recall of 183,211 Tang and Qin models over a brake-pedal stopper defect and regulatory scrutiny on service data. , which could be a potential market catalyst.