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Shares in Chinese Automaker Surge in Stock Exchange Debut

Posted June 30th, 2011 at 4:30 am (UTC-5)
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Shares in innovative Chinese automaker BYD rose 44 percent Thursday in the company’s debut on the Shenzhen Stock Exchange. BYD, maker of the world’s first mass-produced plug-in hybrid car, raised $220 million in a share offering aimed at financing a research and development center. It ended the morning trading session at $4 a share. The […]

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