BYD, Geely Results to Shape Path of China EV Stock Rivalry
The BYD Co. Denza Z electric vehicle at the Beijing Auto Show in Beijing.
Photographer: Qilai Shen/BloombergChinese EV stocks face a key test in upcoming results, which will offer clues for investors betting on the recently diverging performance of major players.
Shares of sector leader BYD Co. have underperformed the recent sector rally, with its result due later Tuesday expected to show a third-straight quarter of declining revenue. On the other hand, double-digit sales growth is expected at Geely Automobile Holdings Ltd., whose shares have soared ahead of its report scheduled for Wednesday.