RPT-BYD Hong Kong shares sink to 5-week low on weak January sales

Reuters09:28

RPT-<a href="https://laohu8.com/S/BYDDY">BYD</a> Hong Kong shares sink to 5-week low on weak January sales

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HONG KONG, Feb 2 (Reuters) - Hong Kong shares of BYD Co Ltd 1211.HK fell 5.1% early on Monday after the vehicle maker posted its fifth straight month of decline in monthly sales.

The stock fell to HK$92.75, the lowest since December 24.

BYD's vehicle sales dropped by 30.1% in January year-on-year as the Chinese electric vehicle maker navigates external uncertainties and tough competition at home.

(Reporting by Hong Kong newsroom; Editing by Jacqueline Wong)

((donny.kwok@thomsonreuters.com; +852 3462 7745;))

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