After the division, uncertainty surrounds BYD's shares - their whereabouts are unknown
**BYD's 3:1 Stock Split: What Investors Need to Know**
On June 10, 2025, Chinese electric vehicle manufacturer BYD (Class H shares, ticker BYDDF) executed a 3:1 stock split, tripling the number of shares while theoretically decreasing the price by two-thirds. This split, effective from June 10, saw investors' accounts credited with the new shares, with visible updates typically from June 11 or June 12, 2025 onwards.
During this process, investors received eight bonus shares from retained earnings and twelve capitalization shares from reserves for every ten old shares. However, it's important to note that the crediting of new shares can take up to seven weeks, or until late July, depending on the broker.
Investors are advised to regularly review their portfolios to check if the shares have been credited. If not, they should contact their broker for assistance. It's also worth mentioning that the dividend of 4.336 Hong Kong dollars per old share will be credited at a later date.
The stock split has not affected the portfolio value, as the price adjustment in portfolios is a direct result of the split. Despite the price reduction, the value of investors' holdings remains unchanged if the new shares are correctly credited.
Meanwhile, BYD is expanding its operations into Europe, a move that could potentially boost its growth and market presence. However, the company is currently facing operational challenges due to intense competition in its domestic market.
It's important to note that BYD's ADR (ticker BYDDY) is undergoing a separate 6-for-1 stock split, effective July 30, 2025, with trading on a split-adjusted basis beginning that day.
Studies suggest positive signs for a comeback for BYD, indicating that the company, due to its size and resulting economies of scale, is likely to emerge as a long-term winner in its domestic market.
In conclusion, the 3:1 stock split for BYDDF has been implemented, with the new shares being credited to investors' accounts shortly after market close on June 10, 2025, with visible updates from June 11 or June 12, 2025 onward. Investors should stay vigilant and regularly check their portfolios for the credited shares.
Investors should pay attention to their portfolios following the 3:1 stock split, as the new shares from BYD will be credited to their accounts. The stock market event does not only triple the number of shares but also potentially reduces the price by two-thirds, which may provide an opportunity for investing in BYD.
