Etiqueta: Hong Kong

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 ...

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...

The carmaker will use the proceeds from the share placement for research and development and overseas expansion.

HONG KONG (Reuters) - Chinese electric vehicle maker BYD has launched a sale of its Hong Kong shares to raise up to $5.2 billion via an accelerated book-building, according to a deal term sheet seen by Reuters on Monday. The company has set a price range of HK$333-HK$345 per share for the offering, representing an up to 8.4% discount compared to the stock's market closing price of HK$363.60 on

BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday's closing price of HK$363.60, according to Bloomberg.

A post-Lunar New Year rebound fueled big growth for new energy vehicle (NEV) sales in February, with most major brands like XPeng, Leapmotor and BYD reporting strong gains, some in triple-digits

Electric vehicle manufacturer BYD's production volume increased to 334,124 vehicles in February from 110,474 a year earlier, according to a filing with the Hong Kong Exchange. Sales volume also...

Byd: * SAYS FEB NEW ENERGY VEHICLE PRODUCTION VOLUME 334,124 UNITS VERSUS 110,474 UNITS A YEAR AGO * SAYS NEW ENERGY VEHICLE SALES VOLUME FOR FEB 322,846 UNITS VERSUS...

Allegations of labour abuse on Brazil building site cast a shadow over BYD’s plan for its first car factory outside Asia

BYD (OTCMKTS:BYDDY) Reaches New 52-Week High - Still a Buy?