News Update Place

November 30, 2007

BYD set to list mobile division in HK (FT.com)

Filed under: Internet News, Science & Technology — News Update @ 6:10 pm

FT.com - BYD, a Chinese battery maker, plans to list its mobile phone manufacturing unit in Hong Kong in an initial public offering that will raise up to $987m. The IPO comes as investors watch for signs of weaknesses in new listings after Hong Kong's benchmark index suffered its worst monthly drop in more than three years.

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