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BYD CO LTD H SHS (BYDDF), Alibaba (NYSE:BABA) Buffett-backed Chinese EV Maker BYD's IPO Plans For Chip Unit Hampered By Regulatory Probe: Report Benzinga
Aggregated Source: ChinaLegalBlog.com

Chinese regulatory scrutiny has come to haunt companies across sectors and the latest to suffer from the increased oversight is Warren Buffett-backed EV manufacturer BYD Company Limited (OTC: BYDDF ).

What Happened: China’s BYD is forced to suspend the proposed listing of its chip making arm due to a regulatory probe into the law firm advising the company, the Nikkei reported.…

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