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
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.
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 raises billions on Hong Kong stock exchange
BYD has completed a sale of shares listed on the Hong Kong Stock Exchange to raise the equivalent of 5.33 billion euros. BYD plans to invest the proceeds in
BYD seeks HK$40.7 bil in biggest Hong Kong share sale in four years
The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg.
BYD raises $5.6 bln in share sale, Hong Kong's biggest in years
STORY: EV giant BYD said Tuesday it raised almost $5.6 billion in a share sale. That made it the biggest such listing in Hong Kong for four years. Now the Chinese firm plans to use the money to ...
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 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 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
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 ...
BYD-backed Haiwei Electronic Files For Hong Kong IPO
Haiwei Electronic has filed for a Hong Kong IPO, after taking on electric vehicle leader BYD as both a backer and its largest ...
BYD shares nosedive after US$5.6 billion placement announcement
The EV maker’s rationale for the share sale is reasonable, despite the short-term share-price drop on the news, an analyst ...
3 more HK blue chips available in bite-size amounts on SGX, bringing total to 8
Singapore depository receipts allow investors to invest directly in overseas stocks through the SGX. Read more at ...
Chinese EV maker BYD announces share sale, floats Tesla collaboration
The electric vehicle maker has launched Hong Kong’s biggest listing in four years as it seeks cash for overseas expansion.
China's BYD raises $5.59 billion in share sale, Hong Kong's largest in 4 years
By Scott Murdoch SYDNEY (Reuters) -Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that ...
electrive3d
BYD to prepare market launch of 1,000-volt electric vehicles
China's manufacturer BYD is planning to launch a 1,000-volt platform for its premium electric models in order to speed up ...
AI-led boom of Chinese stocks revives refinancing activities in Hong Kong
Around 17 tech companies raise a combined US$6.7 billion from share placements or secondary offerings since February.