BYD Stock
BYD to raise $5.6 billion in HK by new share placement
The placing price is HK$335.2 per share, a 7.8 percent discount to BYD's closing price of HK$363.6 on March 3 in Hong Kong.
BYD seeks to raise up to $5.2 billion in HK primary placement, report says
BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday's closing price of HK$363.60, according to Bloomberg.
BYD back in RMB trillion club, up over 25% in 6 trading days
BYD has accumulated gains of 25.7 percent over the past 6 trading sessions to a new high since July 2022.
Berkshire further cuts its stake in BYD to less than 5%
Under Hong Kong Stock Exchange rules, when an organization's shareholding in a Hong Kong-listed company drops to less than 5 percent, it can no longer continue to disclose its holdings.
Berkshire further cuts stake in BYD to less than 6%
This is the second time this month that Berkshire's reduction of BYD stock has been disclosed.
BYD to buy back RMB 400 million of shares in China's A-share market
The number of shares BYD plans to buy back is about 0.05 percent of its total issued share capital and will be used for cancellation to reduce registered capital.
BYD chairman doubles proposed share buyback amount to boost investor confidence
BYD chairman Wang Chuanfu doubled the amount of his proposed buyback of the company's shares in the A-share market to RMB 400 million from RMB 200 million and will be used to reduce registered capital.
BYD chairman proposes RMB 200 million in share buybacks
The proposal is based on Wang Chuanfu's confidence in China's NEV industry and the company's prospects, as well as his recognition of BYD's value to boost investor confidence, BYD said.
BYD applies for dual counter trading on Hong Kong exchange
The dual-currency counter model will provide BYD shareholders and potential investors with a new trading currency option that could further enhance the liquidity of its shares, BYD said.
Buffett sells about 1.06 million additional BYD shares on Jan 3
Buffett first reduced his BYD holdings on August 24, 2022, and has sold off a total of 7 times since then.