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BYD to raise $5.6 billion in HK by new share placement

CnEVPost

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 will raise HK$43.5 billion ($5.6 billion) through the issue of new shares for R&D investment, overseas business development.

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