Chinese electric vehicle and battery maker BYD’s logo as seen in Shenzhen. Photo: SOPA Images/LightRocket via Getty Images
Chinese electric vehicle and battery maker BYD’s logo as seen in Shenzhen. Photo: SOPA Images/LightRocket via Getty Images

Chinese electric vehicle maker BYD, backed by Warren Buffett, to raise up to US$1.8 billion in Hong Kong share sale

  • BYD plans to sell new shares in a range of HK$273.5 to HK$279.5 each
  • Proceeds of sale would help fund working capital, research and development

Chinese electric vehicle and battery maker BYD’s logo as seen in Shenzhen. Photo: SOPA Images/LightRocket via Getty Images
Chinese electric vehicle and battery maker BYD’s logo as seen in Shenzhen. Photo: SOPA Images/LightRocket via Getty Images
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