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BYD Seeks $5.2b in biggest Hong Kong share sale in four Years

BYD Seeks $5.2b in biggest Hong Kong share sale in four...

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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
BYD on Charging Mode in Hong Kong with $5.2B Share Sale

BYD on Charging Mode in Hong Kong with $5.2B Share Sale

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Chinese electric vehicle (EV) giant BYD ($BYDDY) ($HK:1211) is raising about $5.2 billion through a share sale in Hong Kong, Reuters reported. This move is part of ...
China's BYD aims to raise $5B in Hong Kong's biggest share sale in four years

China’s BYD aims to raise $5B in Hong Kong’s biggest share...

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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...
BYD considers third European plant and battery factory

BYD considers third European plant and battery factory

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Chinese manufacturer BYD wants to build another plant in Europe since the EU now collects special tariffs on electric vehicle imports from China. Battery
BYD: steady progress on global production network

BYD: steady progress on global production network

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BYD’s two European factories have attracted a great deal of attention, but not so much its other new plants in Brazil, Indonesia Thailand and Uzbekistan. By Ian Henry
'I believed BYD's promise': Angry customers flood forums after subsidy scuffle delays Atto 3

‘I believed BYD’s promise’: Angry customers flood forums after subsidy scuffle...

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BYD faces delays in Korea's EV market due to subsidy requirements, leading to consumer complaints.
200 BYD electric buses (including 6-meter B7 model) join Qingdao’s public transport fleet

200 BYD electric buses (including 6-meter B7 model) join Qingdao’s public...

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Qingdao City Transportation Group has introduced 200 BYD pure electric buses, including the B7 model. This deployment...
BYD Korea hits snag over delayed vehicle delivery

BYD Korea hits snag over delayed vehicle delivery

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BYD Korea has hit an unexpected snag after failing to meet the timeline for the delivery of its Atto 3 flagship electric SUV, as the vehicle did not pass an updated subsidy rule set by the local environmental authority.
The town that welcomed a Chinese car plant — only for a ‘slavery’ scandal to hit

The town that welcomed a Chinese car plant — only for...

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Allegations of labour abuse on Brazil building site cast a shadow over BYD’s plan for its first car factory outside Asia
BYD sales SURGE in February, exports up 187% over last year

BYD sales SURGE in February, exports up 187% over last year

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BYD is cementing its place as the global EV leader with new models, innovative battery tech, and rapid global expansion plans.