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Chinese electric car giant BYD's shares fell 8% as it reported its first quarterly profit drop in over three years.
BYD, a Chinese electric vehicle company, saw its Hong Kong shares drop nearly 8% on Monday after reporting its first quarterly profit decline in over three years.
The decline is linked to fierce industry competition.
The shares opened at HK$105.20, marking a significant shift from previous growth trends.
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Las acciones del gigante chino de automóviles eléctricos BYD cayeron un 8%, ya que reportó su primera caída trimestral de ganancias en más de tres años.