BYD unveiling the drone system Lingyuan that it has developed and will be used on several SUV models including Bao-8 and Sea Lion 07 DM-i that it talked about today.
not sure what you are talking about since this is using DJI platform. if you are talking about buying DJI dock 3 instead of this BYD system, then consider this system costs 16000 RMB (including the drone) & dock 3 is > $14k
DJI kinda beat them to the punch
March 3 (Reuters) - Chinese electric vehicle maker BYD , has launched a sale of its Hong Kong shares to raise up to $5.2 billion via an accelerated book-building, according to a deal term sheet seen by Reuters on Monday.
The company has set a price range of HK$333-HK$345 per share for the offering, representing an up to 8.4% discount compared to the stock's market closing price of HK$363.60 on Monday.
The offering is expected to be priced on Monday, the term sheet said.
The stellar start reinforces hopes for a strong year in new equity issuances by Chinese companies in Hong Kong, as Beijing steps up support for its private enterprises to revive a slowing economy amid heightened geopolitical tensions.
The fundraising comes amid a hectic pace of hiring and expanding to other markets for BYD.
BYD plans to hire in Zhengzhou in the first quarter as it boosts production capacity, government-run Henan Daily reported last month.
The company also aims to complete its in Indonesia at the end of 2025, the head of its local unit said in January.
China's BYD launches share sale to raise up to $5.2 billion, term sheet shows
- Summary
- Companies
- Share sale launched in price range of HK$333-HK$345/share
- Up to $5.2 billion offering to be priced later on Monday
- BYD has been expanding headcount and market presence
anytime you do stock buyback, stock price goes up.Bullish? Bearish? Stock did -7% today.
Personal Anecdote, here in Hamburg I have seen a lot more Seals this year already.
The Su7 is the internet's favourite car and they know itanyways, Xiaomi Su7 Ultra detail from Lei Jun interview
It's crazy how a long thought after feature where AFVs and tanks deploy and recover drones on the move is now a consumer feature in China.
BYD unveiling the drone system Lingyuan that it has developed and will be used on several SUV models including Bao-8 and Sea Lion 07 DM-i that it talked about today.