Earnings Doubts Reign as BYD Stock Set for Fifth Month of Losses
Update: 2025-10-30
Description
BYD's Stock Plummets: Can China's Top EV Maker Reclaim Its Throne? - BYD's Hong Kong-listed shares are on a downward spiral, marking their longest streak of monthly declines since 2018. The company's stock has dropped by 32% since May, wiping out over $45 billion in market value. Investors are questioning BYD's ability to compete with other Chinese automakers like Geely and Leapmotor, who have surpassed them in car sales. Despite delivering 1.1 million cars from July to September, a slight drop from last year, BYD's growth seems to be stalling. Analysts predict a mixed set of numbers for the quarterly results, with sales expected to increase by 7.4%, but this is the slowest growth BYD has seen since early this year. The options market is heating up as traders bet on BYD's stock direction. With the Chinese government aiming to reduce competition in the electric car market, all eyes are on BYD's upcoming earnings report and future vehicle launches to see if they can regain their position as China's top EV maker.
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