BYD proposes doubling share buyback, unveils U9 supercar

Yahoo Finance Video
42,612 次觀看・5 個月前

Shares of BYD Auto (BYDDY, 1211.HK) are moving up as the Chinese EV maker announced a new proposal to double its share buybacks in an effort to safeguard shareholder interests. In addition, the company unveiled a luxury, all-electric supercar, the Yangwang U9, with a price tag of over $233,000.

Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for BYD and what it could mean for the company moving forward.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Nicholas Jacobino