New Delhi, Sept. 1 -- Hong Kong - Shares of Chinese electric vehicle giant BYD slid as much as 8 percent on Monday after the company reported a sharp drop in quarterly profits, underscoring the deepening fallout from an intensifying price war in China's auto industry. The Shenzhen-based automaker said its net profit fell 30 percent year-on-year to 6.4 billion [.]

Published by HT Digital Content Services with permission from The Eastern Herald....