HONG KONG, Aug 25 (Reuters) - Shares of BYD Co Ltd were set to open 8.7 percent lower in Hong Kong on Monday after it posted a drop in first-half net profit as sluggish sales of gasoline cars offset a surge in its electric vehicle business. Stock of the Chinese carmaker, backed by U.S. billionaire Warren Buffett, were set to open at HK$44.90, the lowest since June 26, lagging a 0.3 percent fall in benchmark Hang Seng Index . BYD saw its first half net profit ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
And much more!