BYD dips 5% after revenue falls despite a Q2 profit rebound

BYD shares dropped nearly 5% in Hong Kong following Friday’s mid-year earnings release. While the EV giant managed to break its five-quarter losing streak, it did so only because exploding international sales—now over half its total revenue—bailed out a starkly slowing Chinese market.  The company’s mid-year numbers show overseas revenue jumped 34% to $27 billion,...