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 Buffett 1.8 billion HK dollar becomes a shareholder Biyadi invests Chinese market
Posted:10-06-2008     Visited:

The Buffett that moves again and again in American market of late laid the view China. Buffett's subordinate Sino-US energy holding company a few days ago with subscribe of 1.8 billion HK dollar Biyadi the share of 10% , state this is the beginning of investment China market.

Both sides reachs buy an agreement to show, sino-US energy holding company the price subscribe with every 8 HK dollar its 225 million share, occupy Biyadiben about second the of 10% share after matching carry out, trade total amount is 1.8 billion HK dollar about, the blame that • of Davy of chairman of Sino-US energy holding company alls alone Cole will take up the post of Biyadi carries out trustee.

On the press conference that held at Hong Kong on September 29, davy • alls alone Cole expresses, investing Biyadi is to march of Chinese market begin, they are dogging all the time high grade project of China, expect to have deeper wider collaboration. Comparative inferior enlighten investment scale, davy • alls alone Cole says, this will look circumstance decision of collaboration. He still discloses, prospective company will explore high grade project in the field of new energy resources such as solar energy, wind energy.

Company president Wang Chuanfu expresses Biyadi, ba Fei becomes a shareholder especially to bring the brand promotion that gives a company major effect, can quicken the research and development of electric car and promotion, be in especially North America market. In addition, reach the designated position as what buy fund, the indebted meeting of the company decreases, cash shedding can increase, corresponding gross profit also can increase. But he expresses, the capital spending this year can keep the plan that makes at the beginning of the year relatively, won't change.

Suffer buy message stimulation, biyadi the electron is in share and Biyadi expression of Hong Kong stock market is driving. Calculate from the day that announces to buy case, trade in a few days in 4 short, biyadi stock share price rises 60% , by before buying every 8 yuan many the most rising to 16 yuan many, the subsidiary below the banner Biyadi electronic share price is to rise more 100% much.

  

 Keywords:Buffett18billionHKdollarbecomesashareholderBiyadiinvestsChinesemarket
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