China’s EV Giant BYD Cuts Prices by 35%, Shares Plunge More Than 8%
BYD Cuts Prices: Hong Kong-listed shares of Chinese electric vehicle (EV) giant BYD Co Ltd dropped sharply on Monday, at HKD 425.20, down HKD 40.00 or 8.60% from the previous close of HKD 465.20. The stock opened the day at HKD 459.80 and hit a day high of HKD 463.00, before plunging amid heavy selling … Read more