BYD’s Hong Kong shares fall nearly 8% after quarterly profit drop

Tesla’s shares on the Hong list after Tesla’s report every three months fell to 7.87% on Monday profit It falls in the midst of an aggressive price war in the domestic industry.

Chinese electric vehicle manufacturer on Friday reported For the June quarter, 6.4 billion Yuan ($ 891 million) profits fell approximately 30% despite the expansion of sales abroad compared to the previous year.