China Home Maker BYD increases $ 5.6 billion in stock for external expansion

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China’s electric vehicle champion BYD has risen to selling $ 5.6 billion in the largest stock in Hong Kong for four years and the largest stock sales in the largest capital sector in the largest capital sector.

Warren Buffett-Support Company, Exchange 335.20.20.20.20 $ 335.20.20.20.20.20.20 Sold 129.20:20 ABOUT ABOUT ABOUT ABOUT, organized an 8 percent discount in the stock market.

The shares listed in Hong Kong fell about 7 percent on Tuesday, but this year this year is so far more than 30 percent.

The offer was reflected Tesla’s main rival In this year, this year’s market sales this year, companies for sale this year in this year’s market sales this year are interested in the investor with the Chinese materials listed in the market.

“Byd China has a large number of money flow and net cash, but (Renminbi) is very expensive to become a curricula outside China,” Citi analysts wrote in a research record. “(Whether) there is no comfort to get regular approval during the initial foreign capital spending period.”

Stock placement will increase the power of BYD’s “to accelerate the power to further develop technological capabilities and expand abroad.”

Shenzhen Basic BYD plans to establish localized production lines in the world’s largest markets, an aggressive boost, Hungary, Turkey and Brazil.

China’s foreign investment products have asked for some international companies with international ambition to seek H-Sharing problems. The world’s largest home battery manufacturer Catl and China’s largest vehicle exporter Chery has applied for a list of Hong Kong last month.

BYD’s Sale was the largest in Hong Kong because the sale of the Meituan Food Delivery Platform Raised $ 10 billion In 2021. Goldman Sachs, Ubs and Citic were the overall coordinators of the deal.

The operation was often covered with the order book, as a multi-time money, sovereign wealth funds and the United Arab Emirates, as a strategic investor. Al-Futtaim group distributes BYD cars in the UAE and Saudi Arabia.

According to a person familiar with the operation, European and Middle Eastern funds were very involved in the contract. Middle East investors play an increasingly important role in the rapidly growing vehicle sector of China. In the late 2023, New York-List Home Maker Nio Provided $ 2.2 billion from CYVNABU Dhabi Investment Group after a $ 1 billion injecting from the same investor in the beginning of that year. At the same time, Pony.ai, a Chinese self-driving launcher listed in NASDAQ, hit $ 100 million from Neom Saudi Arabia.

In China, BYD’s cars, pure battery machines and plug-in hybrids are one-third of all new houses. Last year, the company sold 433,000 vehicles in foreign markets for more than 10 percent of total sales.