China: BYD’s share sale faces headwinds

According to a survey of fund managers and analysts polled by Reuters, BYD Co Ltd is facing significant headwinds with regards to its proposed sale of up to 79 million A shares, an issue that was targeted to raise between US$330m and US$340m. The company has indicated in a prospectus that Subscribe to Automotive World … Continued

• By Webmaster
• June 14, 2011