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Stock impact report

BYD shares set for six-week slump after posting two-year low in sales amid China EV slowdown [MSNBC.com]

BYD CO LTD UNSP/ADR (BYDDY) 
NASDAQ:AMEX Investor Relations: byd.cn/bydenglish/investor
Company Research Source: MSNBC.com
HONG KONG, CHINA - JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images)Sawayasu Tsuji | Getty Images News | Getty ImagesBEIJING — Shares ofThe slump comes amid rising concerns about lackluster domestic demand in China, and overproduction of cars spilling into other countries.At least six major electric car brands fromXiaomiXpeng"We see increasing pressure on China's auto market in 2026, driven by a combination of policy and competitive factors," said Helen Liu, partner at Bain & Company. She said policy changes could prompt consumers to delay their car purchases, while automakers become more cautious about new vehicle launches.China's economic and business figures for the first two months of the year tend to be volatile as the Lunar New Year holiday, which follows an agrarian calendar, falls on different dates each year.But this past January also saw a major reduction in government support for electric cars Show less Read more
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