China Business News: FMR raises stake in China's BYD to 8.32%

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FMR raises stake in China's BYD to 8.32%

Jul. 13, 2009 (China Knowledge) - FMR LLC, the parent company of U.S. FIL Ltd, recently raised its shareholding in China's BYD Co<1211> to 8.32% from the previous 7.98%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that FMR bought 1.94 million shares of BYD on Jul. 6 for US$7.93 million. The average price of the share transactio

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