FMR cuts stake in BYD to 5.96%
Published: 04 Nov 2009 01:05:11 PST
Nov. 4, 2009 (China Knowledge) - FMR LLC, the parent company of U.S. FIL Ltd, recently reduced its shareholding in China's BYD Co<1211> to 5.96% from the previous 6.19%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from the HKEx showed that FMR sold 1.78 million shares of Shenzhen-based BYD on Oct. 30 for a total of US$17.57 million. The average price of the share transaction was US$9.86 apiece. Shares of BYD, China's largest rechargeable battery maker and a well-known auto maker, dipped 5.92% to end at HK$71.55 yesterday. Copyright © 2009 www.chinaknowledge.com |
Go to Page
Page 1 of 1
1
Source:
China Knowledge
If you believe an article violates your rights or the rights of others, please contact us.
Digg
Reddit
Mixx it
FacebookRelated News
Most Read
- 1BYD Auto to expand into solar energy field
- 2Entrepreneurblues
- 3AUTOSHOW-INTERVIEW-UPDATE 1-Changan Ford Mazda
- 4ANALYSIS-CFTC cautious on position limits, set
- 5Beyond The Anti-Virus Arms Race
- 6Beware of phishing scams if you are using
- 7Help protect yourself from phishing scams and
- 8Xi'an to launch industrial zone
- 9China Longyuan Power plans HK$17.5-bln HK IPO
- 10INTERVIEW-StanChart eyes $800 mln in renewable
