Byd Electronic

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.

BYD shares rise 10.1pc on post-results cheer

Shares of BYD, the biggest maker of rechargeable batteries on the mainland, yesterday rose 10.14 per cent to close at HK$13.90 after a better than expected full-year result.