BYD Co. Faces Profit Sustainment Challenge Amidst Electric Vehicle Price War in China

BYD Co. has secured an advantage in the latest escalation of the electric vehicle price competition in China Despite this victory, the company now encounters the crucial task of demonstrating its capability to sustain profitability In an uncharacteristic move diverging from their standard protocol, BYD has provided earnings guidance ahead of its upcoming report, scheduled to be disclosed on a Monday later this month. Meanwhile, the fluctuations in the company's share price have become more pronounced Such volatility suggests that investors are increasingly seeking options to hedge against potential losses, reflecting a growing desire for downside protection.