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  • Sep 17, 2014
  • Updated: 6:01pm

BYD

BYD Co makes rechargeable batteries and cars in Shenzhen in Guangdong province. Founded in February 1995, and listed in Hong Kong in 2002, the origin of the company’s name is uncertain, with some saying it could simply be an acronym based on its Chinese name or from the phrase “build your dreams”. BYD’s profile was raised in 2008 when a unit of billionaire Warren Buffett’s Berkshire Hathaway invested about US$230 million in BYD.

BusinessChina Business

Business Digest, September 27, 2012

PUBLISHED : Thursday, 27 September, 2012, 12:00am
UPDATED : Thursday, 27 September, 2012, 3:25am

BYD shares slide after CLSA slashes target

Shares in BYD, a mainland maker of cars and batteries, slid 9.8 per cent to HK$13.26 yesterday after CLSA issued a research report on Tuesday slashing its target price on the stock by 94 per cent to 41 HK cents. BYD vice-president Micheal Austin said BYD has an "excellent" outlook and the CLSA report was filled with "irresponsible speculation and errors", Bloomberg reported. Eric Ng

 

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