China: Analysts caution on BYD’s fund-raising costs

Having received approval from shareholders at a recent EGM for a domestic corporate bonds issue, analysts are now warning that BYD will find such an issue could prove increasingly expensive in a climate of growing corporate borrowing costs in China. The EGM on 9 September approved an issue of aggregate principal Subscribe to Automotive World … Continued

• By Webmaster
• September 19, 2011