BYD’s share sale spotlights Hong Kong’s revival
BYD’s fundraising echoes the approach taken by many Chinese companies including Anta Sports, which raised $1.5bn in Hong Kong in a follow-on offering in 2023, to strengthen its financial position and accelerate its global expansion. Its subsidiary Amer Sports also pushed further into global markets, listing in the US last year.
BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 ...
US president reaffirms that tariffs on Chinese imports will double to 20 per cent as reprieve period for Canada and Mexico ...
Singapore depository receipts allow investors to invest directly in overseas stocks through the SGX. Read more at ...
Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that was increased in size, according to ...
China's manufacturer BYD is planning to launch a 1,000-volt platform for its premium electric models in order to speed up ...
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