Chinese electric vehicle manufacturer BYD's shares fell to their lowest level in nearly nine months on Monday after the company reported a second consecutive month of declining sales, causing it to drop back to second place in the Chinese market. The company, based in Shenzhen, reported on Sunday that October sales fell 12% year-on-year to 441,706 vehicles. The stock fell 1.9% to HK$98.70 at the start of the morning session, heading for its lowest close since February 5. This sales decline continues a series of setbacks for the company.
