From：Internet Info Agency 2026-09-04 12:50:03
UBS released a research report downgrading Brilliance China Automotive Holdings (01114.HK)’s target price from HK$4 to HK$2, while maintaining its "Neutral" rating. The bank expects the profitability of BBA—the BMW joint venture under Brilliance China—to deteriorate starting from the second quarter of 2026, and has reduced its BBA sales forecasts for 2026–2028 by approximately 10% and its equity income forecast from BBA by 57%. Additionally, UBS noted that the company is set to pay an interim dividend of HK$0.50 per share.
