BYD lowers IPO income hopes
By Liza Lin | China Daily | Updated: 2011-06-21 07:58
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BYD Co's exhibition area at an auto expo in Shanghai . The Chinese automaker backed by Warren Buffett intends to raise 1.42 billion yuan ($219 million) in its initial public offering in Shenzhen. Shen Jingwei / For China Daily |
Shares expected to raise 1.42 billion yuan, less than first expectations
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