BYD, Xpeng Lead Chinese EV Stock Selloff Amid Poor January Sales - BYD (OTC:BYDDY)

Chinese automakers BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) , Xpeng Inc. (NYSE:XPEV) , among others, recorded a decline in stock values on the Hong Kong exchange following poor January sales figures.BYD Shares Fell 5.1%BYD shares fell by over 5.1% in early trading on the Hong Kong stock exchange after it reported a sales decline of over 30% in January, Bloomberg reported on Sunday.The world's largest EV maker sold 210,051 units in January, which also demonstrated a 50% MoM decline in sales, amid strong overseas ...