BYD Hong Kong shares set to drop 8% after quarterly profit falls

FILE PHOTO: A BYD SEAL electric vehicle is displayed at the BYD Pakistan Metropole Experience Center, in Karachi, Pakistan July 23, 2025. REUTERS/Akhtar Soomro/File Photo
HONG KONG :The Hong Kong-listed shares of BYD were set to slide 8 per cent on Monday after the Chinese electric vehicle maker reported quarterly profit fell for the first time in more than three years amid a cutthroat price war across the industry.
The stock was set to open at HK$105.20.
(Reporting By Donny Kwok and Anne Marie Roantree; Editing by Kim Coghill)