Stocks Blog: BYD plummets on profits plunge, while Standard Chartered jumps after profit beat

  • Shanghai Composite extends losses to second day
  • BYD's near-term outlook to 'remain challenging,' Daiwa Capital analysts say
BYD has struggled as Beijing scaled back subsidies aimed at stimulating sales of electric vehicles. Above, a BYD assembly plant in Shenzhen. Photo: Reuters
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