BYD Completes Successful Placement of H Shares

The latest announcement is out from BYD Co ( (HK:1211) ).

BYD Company Limited announced the successful completion of a placement of 129,800,000 new H shares, which represents approximately 10.57% of the total number of H shares issued. The placement was completed on March 11, 2025, with the shares being issued at a price of HK$335.2 per share to independent third-party placees. This transaction has increased the total issued shares from 2,909,265,855 to 3,039,065,855, and the total issued H shares from 1,098,000,000 to 1,227,800,000. The net proceeds from the placement amount to approximately HK$43,383 million, which will likely strengthen BYD’s financial position and support its growth initiatives.

More about BYD Co

BYD Company Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the automotive and electronics industries, focusing on the production of electric vehicles and renewable energy solutions. The company is listed on the Hong Kong Stock Exchange under stock codes 01211 and 81211.

YTD Price Performance: 30.55%

Average Trading Volume: 103,535

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $133.8B

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