Etiqueta: DeepSeek

Can has previously knocked back investments from BYD, but Trump's tariffs now threaten jobs in the automotive industry, so the tables have turned

BYD’s first ultra-luxury electric sedan hit the market on Thursday at an even lower price than expected. The Yangwang U7...

BYD’s technological advances show where the centre of innovation now lies

BYD is accelerating along its path to the future with the introduction of two new models that undercut the competition in features and price.

The rise of China's tech giants, often referred to as the "Seven Sisters," is reshaping the global technology landscape. Traditionally dominated by the American

Also in today’s rundown: Beijing reacts to reports of potential U.S. DeepSeek ban, German ‘flying car’ maker to be bought by Chinese company

(Bloomberg) -- Long-term investors snapped up a significant chunk of BYD Co.’s $5.6 billion stock offering, people familiar with the matter said, a vote of confidence in the electric-vehicle maker and Chinese equities more broadly. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins

(Bloomberg) -- Chinese electric vehicle maker BYD Co. has raised HK$43.5 billion ($5.6 billion) after selling 10% more shares than planned, according to people familiar with the matter, in Hong Kong’s biggest share sale in nearly four years. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityHow Upzoning in Cambridge Broke the YIMBY MoldNYC Office Buildings See Resurgence as Investors Pile Into BondsHong

Chinese electric vehicle maker BYD is aiming to raise as much as 40.7 billion Hong Kong dollars ($5.2 billion) in what would be Hong Kong’s biggest share sale in nearly four years. The company is offering 118 million shares at 333 to 345 Hong Kong dollars each, according to terms of the deal seen by Bloomberg News. That implies a discount of up to 8.4 percent to BYD’s closing price on Monday, according to Bloomberg calculations. The transaction marks Hong Kong’s biggest share sale since food-del

The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg News. That implies a discount of...