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BYD COMPANY (01211.HK) Hikes Over 3% Higher on Proposed Shr Placement at 7.8% Discount
BYD COMPANY (01211.HK), reclaiming 10 MA, further climbed 3.3% to $252.
The company announced planned placement of 133 million H shares at $225 each, representing a discount of 7.8% to the closing price yesterday. The aggregate net proceeds from the Placing are expected to be approximately $29.801 billion.
AAStocks Financial News
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