Shares in Warren Buffett-backed BYD Co Ltd fell more than 45 per cent in Hong Kong last December. Photo: ReutersShares in Warren Buffett-backed BYD Co Ltd fell more than 45 per cent in Hong Kong last December. Photo: Reuters
Shares in Warren Buffett-backed BYD Co Ltd fell more than 45 per cent in Hong Kong last December. Photo: Reuters
Doug Young
Opinion

Opinion

Corporate China by Doug Young

BYD seeks jump-start with asset sale, finance JV

BYD's latest asset sale, combined with its new auto finance joint venture, are both aimed at boosting its struggling EV business, but it may have to sell off more assets before the market finally starts to gain some momentum.

Shares in Warren Buffett-backed BYD Co Ltd fell more than 45 per cent in Hong Kong last December. Photo: ReutersShares in Warren Buffett-backed BYD Co Ltd fell more than 45 per cent in Hong Kong last December. Photo: Reuters
Shares in Warren Buffett-backed BYD Co Ltd fell more than 45 per cent in Hong Kong last December. Photo: Reuters
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