HONG KONG: Short-sellers are losing conviction on bets against BYD Co shares, which may continue to outperform other Chinese electric-vehicle (EV) stocks if its results this week are as good as expected.
Short interest in BYD’s Hong Kong-listed shares had dropped to 1.4% as of Aug 21 from a high of 7.7% earlier this year, according to S&P Global Inc data.
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