long term investors grab most of BYD $ 5.6bn stock offering

March 5, 2025

Catenaa, Tuesday, March 04, 2025– Significant portion of China’s leading electric vehicle maker BYD $ 5.6 billion stock offering has been grabbed by long term investors, Bloomberg reported on Tuesday, displaying confidence in the company.  Quoting people familiar with the matter, the report said “Long-only” funds alone received at least $1.5 billion worth of shares in […]