China's BYD raises $5.59 billion in share sale

China's BYD raises $5.59 billion in share sale, Hong Kong's largest in 4 years
By Scott Murdoch SYDNEY (Reuters) -Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday,
BYD Raises $5.6 Billion in Upsized Hong Kong Share Sale
Chinese electric vehicle maker BYD Co. has raised HK$43.5 billion ($5.6 billion) after selling 10% more shares than planned, according to people familiar with the matter, in Hong Kong’s biggest share sale in nearly four years.
EV-maker BYD seeks to raise $5.2 billion with share sale
The Chinese electric vehicle-maker plans to use proceeds from the share sale for investments in research and development.
BYD seeks HK$40.7 bil in biggest Hong Kong share sale in four years
The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg.
China's BYD raises $5.59 billion in share sale, term sheet shows
Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday, the largest of its kind in Hong Kong in four years.
BYD Seeks to Raise Up to $5.2 Billion in Placement, Terms Show
Electric-vehicle maker BYD Co. is seeking to raise as much as HK$40.7 billion ($5.2 billion) in a primary placement, according to terms of the deal seen by Bloomberg News.
Chinese automaker BYD preps giant share sale
BYD, a listed Chinese electric automaker, is seeking to raise up to $5.2 billion in a new Hong Kong share sale. Why it matters: This highlights how the global EV market is racing forward, even as it faces speed bumps in the U.
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BYD reports growth in NEV production for February 2025
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