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China: BYD set to raise US$291m from IPO

In a Hong Kong stock exchange announcement, BYD Company has confirmed that the share price for its forthcoming issue of 79,000,000 A shares will be Yuan 18 (US$2.78), indicating total gross proceeds of Yuan 1.422bn (US$219.4m) from the IPO. The company noted that the issue price was determined by "factors Subscribe to Automotive World to … Continued

In a Hong Kong stock exchange announcement, BYD Company has confirmed that the share price for its forthcoming issue of 79,000,000 A shares will be Yuan 18 (US$2.78), indicating total gross proceeds of Yuan 1.422bn (US$219.4m) from the IPO. The company noted that the issue price was determined by "factors

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https://www.automotiveworld.com/articles/87688-china-byd-set-to-raise-us-291m-from-ipo/

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