China's BYD raises $5.59 billion in share sale

China's BYD raises $5.59 billion in share sale, Hong Kong's largest in four years
By Scott Murdoch SYDNEY (Reuters) -Chinese electric vehicle maker BYD said on Tuesday it had raised $5.59 billion in a primary share sale that was increased in size, making it the largest of its kind in Hong Kong in four years.
Tesla Rival BYD Raises $5.64 Billion Through Share Placement, Wants To Use Funds For Global Domination
BYD Company Limited, the world's leading electric vehicle manufacturer for three consecutive years announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.
BYD raises US$5.6 billion in upsized Hong Kong share sale
Chinese electric vehicle maker BYD Co raised HK$43.5 billion (US$5.6 billion) in Hong Kong’s biggest share sale in nearly four years.
BYD raises $5.6b in share sale, largest in Hong Kong in the past four years
Chinese electric vehicle (EV) giant BYD said on Tuesday that it raised HK$43.5 billion ($5.6 billion) in a share sale, making it the largest share offering in the Hong Kong stock market in the past four years.
BYD’s $5.6 Billion Share Sale Gobbled Up By Long-Term Investors
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.
BYD Stock Plunges on $5.6B Share Placement
Chinese electric vehicle giant BYD (BYDDF) said it raised almost $5.6 billion in a share sale on Tuesday, driving investors to offload the
BYD shares nosedive after US$5.6 billion placement announcement
The EV maker’s rationale for the placement is reasonable, despite short-term share-price drop on the news, an analyst says.
China's BYD raises $5.59 billion in share sale, term sheet shows
By Scott Murdoch SYDNEY (Reuters) -Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday,
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BYD Secures Major Funding Amid Global Expansion & EV Boom: Buy Now?
BYD Co. BYDDY has raised $5.59 billion in a primary share sale, marking the largest such deal in Hong Kong in four years. It ...
Chinese EV Maker BYD To Raise $5.6 Billion To Fund Global Expansion
BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 ...
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Al-Futtaim Family Office invests in China’s BYD as automaker raises $5.59bn
The UAE's Al-Futtaim Family Office is a key investor in the share sale, and the two firms are planning on forming a strategic ...
BYD and its rivals are crushing Tesla in China — and they're going global
Elon Musk's Tesla is under pressure in the world's largest car market from EV giant BYD and its rivals that are fast ...
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How to Invest in BYD
BYD (BYDD.F-6.66%) is a pioneer and industry leader in clean energy vehicles. The Chinese company manufactures electric vehicles (EVs) and plug-in hybrid vehicles, as well as electric buses ...
Geely follows BYD in making AI-powered pilot system available across all brands
In a virtual briefing on Monday, the company said its brands would use the G-Pilot technology that enables cars to navigate ...
BYD UK partners with Arval UK to introduce BYD Lease
Arval UK has partnered BYD UK, a unit of Chinese multinational manufacturing conglomerate BYD, to introduce BYD Lease to ...
‘Our common enemy is…’: China’s BYD to work with Musk’s Tesla to combat petrol cars
Calling the Chinese car market “the homeland for innovation”, the BYD VP urged foreign companies to invest in the country ...