Shares of Buffett-backed BYD fall 5 pct after $551 mln share sale plan

HONG KONG, May 26 (Reuters) – Shares of Chinese carmaker BYD Co Ltd fell 5 percent in Hong Kong early on Monday after the company backed by investor Warren Buffett launched a new share issue seeking to raise up to $550 million. In early trading the stock …

Shares of Buffett-backed BYD fall 5 pct after $551 mln share sale plan

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