Visitors mingling at BYD’ s booth during the Auto Shanghai 2021 show in April. Photo: Bloomberg
Visitors mingling at BYD’ s booth during the Auto Shanghai 2021 show in April. Photo: Bloomberg

Buffett-backed EV maker BYD gets approval from Hong Kong bourse for semiconductor unit spinoff in Shenzhen

  • BYD is seeking to list the semiconductor business on Shenzhen Stock Exchange’s ChiNext board
  • Spinoff will allow more equitable assessment of business units in the group, still needs approval from Shenzhen bourse, Chinese regulators

Visitors mingling at BYD’ s booth during the Auto Shanghai 2021 show in April. Photo: Bloomberg
Visitors mingling at BYD’ s booth during the Auto Shanghai 2021 show in April. Photo: Bloomberg
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