BYD’s $60 Billion Wipeout Points to Deeper Turmoil for China EVs
A relentless selloff in BYD Co. shares is laying bare investor anxiety over the profit outlook for China’s electric-vehicle sector, as cooling demand at home and surging raw material costs...
By Charlotte Yang · Bloomberg Markets
A relentless selloff in BYD Co. shares is laying bare investor anxiety over the profit outlook for China’s electric-vehicle sector, as cooling demand at home and surging raw material costs trigger a brutal reset of expectations.