BYD Electronic Int'l hits 15-mth low on profit drop, BYD falls

Byd Electronic (International)

29/10/2021 04:43

** Shares of mobile intelligent terminal components maker
 0285.HK  drop as much as 11.6% to HK$22.80, lowest since July
2020, extending losses for the fourth straight session
    ** Stock second biggest percentage decliner on Hang Seng
Tech Index  .HSTECH  and fourth biggest on Hang Seng Composite
Index  .HSCI  
    ** BYD Co  1211.HK  backed co says nine-month profit fell to
2.16 bln yuan ($337.9 mln) from 4.33 bln yuan a year ago
 urn:newsml:reuters.com:*:nFWN2RO14L
    ** BYD Electronic says its unit BYD Precision, parent BYD Co
and Bank of Xi'an  600928.SS  will make an aggregate 2.5 bln
yuan capital contribution to BYD Auto Finance, increasing the
registered capital of the auto loan and car financing joint
venture to 4 bln yuan  urn:newsml:reuters.com:*:nFWN2RO25W
    ** BYD Co's Hong Kong shares fall 4.2% to HK$289 in their
worst day since Sept. 20, after the Chinese electric vehicle
maker  002594.SZ  posted a 27.5% drop in third-quarter net
profit  urn:newsml:reuters.com:*:nL4N2RO30H
    ** Hang Seng Tech Index  .HSTECH  slips 0.8%, Hang Seng
Composite Index  .HSCI  eases 0.5 %, and Hang Seng Index  .HSI 
down 0.7%



($1 = 6.3916 Chinese yuan renminbi)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))