Stock Track | BYD Shares Plummet 8.49% as EU Probes Alleged Unfair Subsidies for Hungarian Factory
BYD Company's stock experienced a sharp decline, plummeting 8.49% during Friday's trading session, following reports of a European Commission investigation into potential unfair subsidies for the company's electric car factory in Hungary. The probe has raised concerns among investors about possible regulatory challenges and financial implications for the Chinese automotive giant.The investigation comes amid a backdrop of increasing Chinese investments in Hungary, supported by Prime Minister Vik
