2021年8月23日 星期一

BYD IPO scuppered by China regulator

BYD Semiconductor, the chip-making subsidiary  of Chinese EV manufacturer BYD, has been forced to postpone its IPO by a regulatory intervention. It is the latest in a series of regulatory moves harming Chinese companies. BYD Semiconductor had hoped to raise$420 million to invest in its business to expand output during the chip shortage. The Chinese regulator ...

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