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BYD's Hong Kong shares fall nearly 8% after quarterly profit drop

Upworthy Monday, 1 September 2025 ()
Hong Kong-listed shares of BYD fell by as much as 7.87% on Monday after the Tesla rival reported a quarterly profit drop amid an aggressive price war across its domestic industry. The Chinese electric vehicle maker on Friday reported profits of 6.4 billion yuan ($891 million) for the June quarter,…
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