BYD Stock Plunges 30% on Profit Slump – Is the EV Price War to Blame?
BYD Shares: Price and Recent Moves BYD’s stock has experienced a sharp correction in recent months. In early 2025 the Hong Kong-listed shares hit record highs (above HK$150 in May), but by late October they traded near HK$104 reuters.com – roughly 30% below the peak bloomberg.com. This slide erased tens of billions in market value. For example, Bloomberg reports the company lost over $45 billion of market cap as stock slid 32% from May to October bloomberg.com. Investors have blamed weaker-than-expected earnings and slowing growth in China. On Oct. 29, trading ahead of the earnings release, BYD’s Hong Kong shares rose