On September 16, BYD ELECTRONIC rose 3.09% in regular trading, trading at HK$23.36 per share, with turnover of HK$106 million. The stock rebounded from recent weakness as multiple positive catalysts converged during the session.

On the broader market front, Hong Kong's Hang Seng Index opened 0.50% higher, with the Hang Seng Tech Index gaining 0.47%. Semiconductor and consumer sectors led the advance, with BYD among the blue-chip names posting early gains. Meanwhile, the liquid cooling sector saw significant intraday momentum after national standards were officially implemented, marking the transition from customized small-batch delivery to standardized mass production. Per-cabinet liquid cooling value rose from approximately US$41,500 to US$55,700 on next-generation platforms, with microchannel cold plate unit prices climbing three to five times — a trend directly relevant to BYD ELECTRONIC's liquid cooling business ramp-up.

The rebound also follows institutional endorsement. DBS recently raised its target price to HK$40 with a \"Buy\" rating, citing the company's strategic shift toward higher-value liquid cooling, power supply, and automotive electronics. Morgan Stanley maintained an \"Overweight\" rating with a HK$33 target, expecting sequential earnings improvement in H2 as key client seasonal demand and liquid cooling capacity scale up.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)