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Berkshire Hathaway has pared its stake in BYD, further unwinding its long-term bet on China’s largest electric-vehicle maker amid a broader refocus on U.S. investments.
BEIJING — Warren Buffett's Berkshire Hathaway has again trimmed its stake in BYD, the Chinese company that last year surpassed Tesla as the world's largest electric vehicle maker. Berkshire sold ...
Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in China's biggest electric vehicle maker. Warren Buffett's conglomerate has ...
Warren Buffett's Berkshire Hathaway has trimmed its stake in BYD. (SCOTT MORGAN/REUTERS) Shares of Chinese electric-vehicle maker BYD fell nearly 8% in Hong Kong, hitting their lowest level since ...
In a Hong Kong Stock Exchange filing, Berkshire said it sold 1.33 million Hong Kong-listed shares of BYD for about $47 million, reducing its stake in the EV maker's total issued H shares to 19.92 ...
Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) is cutting its stake in Chinese EV maker BYD Company (1211.HK, BYDDY) after selling nearly $40 million worth of BYD stock.
According to news reports (paraphrased with wording additions from me): Berkshire Hathaway had acquired 225 million BYD (a top Chinese EV maker) shares in 2008, giving it a 7.73% stake ...
Warren Buffett’s Berkshire Hathaway has pared its stake in BYD to less than 5%, further unwinding its long-term bet on China’s largest electric-vehicle maker.
Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in China's biggest electric vehicle maker. 📺 Los Angeles news 24/7: Watch ...
Warren Buffett's Berkshire Hathaway has pared its stake in BYD, further unwinding its long-term bet on China's largest electric-vehicle maker amid a broader refocus on U.S. investments.
so if Berkshire's stake falls below 6%, there will be another filing. Founded by Wang Chuanfu, BYD started making batteries for mobile phones back in the 1990s. By 2003, the company had pivoted to ...