overseas expansion News

BYD's Strategic Share Sale Sparks 7% Stock Plunge Amid Overseas Expansion Plans

BYD Auto Co., Ltd. has executed the largest share sale in Hong Kong in four years, raising approximately $5.6 billion. The funds are intended for overseas expansion, as the company...

BYD's Stock Plummets 7% Following Largest Share Sale in Hong Kong in Four Years

BYD Auto Co., Ltd. experienced a 7% stock drop after executing the largest share sale in Hong Kong in four years, selling 129.8 million shares to fund overseas expansion.