Chinese electric vehicle maker BYD, backed by Warren Buffett, raises up to $1.8 billion from the sale of shares in Hong Kong Bank & Insurance By Jacky On Oct 30, 2021 Share WORLD, the Chinese battery and electric car manufacturer Backed by Warren Buffett, it aims to raise up to $1.8 billion in a follow-up exchange in Hong Kong. The Shenzhen-based electric vehicle manufacturer aims to sell 50 million new shares in a price range of HK$273.5 (US$35.17) to HK$279.5 each, according to a term sheet seen by the South China Morning Mail. That would represent a discount of 5.8...