BYD Co leads slide in HK-listed EV makers, tracking Tesla's slump

Wuling Motors Holdings

28/01/2022 07:23

** Shares of BYD Co Ltd  1211.HK  lead slide in Hong
Kong-listed electric vehicle makers tracking Tesla's slump,
falling as much as 8.9% to HK$220, the biggest daily percentage
drop since March 8
    ** Stock hit the lowest since July 29 in its second session
of decline; biggest percentage decliner in both Hang Seng Index
 .HSI  and Hang Seng China Enterprises Index  .HSCE  
    ** BYD's Shenzhen shares  002594.SZ  drops 6%
    ** Tesla Inc's shares  TSLA.O  dropped more than 11% on
Thursday, dragging down rivals after the leading electric car
maker delayed releasing new vehicles until next year because of
supply chain disruptions it said could last through this year
 urn:newsml:reuters.com:*:nL1N2U72DF
    ** Hong Kong stock of Xpeng  9868.HK  plunges 12.3% to
HK$123.60, marking its lowest and the biggest percentage drop
since debut on July 7, 2021   
    ** Geely Automobile  0175.HK  drops 6.1% to HK$16.22, lowest
since November 2020, while Wuling Motors  0305.HK  falls as much
as 5%
    ** China Evergrande New Energy Vehicle  0708.HK  falls 3.8%
    ** Hang Seng Commerce & Industry Index  .HSNC  eases 0.9%,
and Hang Seng Composite Index tracking industrials  .HSCIIG 
falls 1.7%
    ** Hang Seng China Enterprises Index  .HSCE  declines 0.9%
and Hang Seng Index  .HSI  slips 1.1%

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