Berkshire recently sold 1.3 million Hong Kong-listed BYD shares for HK$310.5 million ($39.8 million), according to a filing on Monday with the Hong Kong stock exchange. That reduced its stake in ...

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. 📺 Los Angeles news 24/7: Watch ...

Berkshire owned about 7.7% of BYD at the end of 2021, a stake it valued at $7.7 billion. A Berkshire unit paid just $232 million for those shares back in 2008.

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. Catalysts Anchors ...

Berkshire Hathaway had acquired 225 million BYD (a top Chinese EV maker) shares in 2008, giving it a 7.73% stake, according to BYD's annual report, initially paying $232 million which had grown to ...

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.

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 ...

This was corrected July 24, 2024 because the original version implied that the 40% level referred to Berkshire's overall stake in the company. Berkshire Hathaway held nearly 40% of BYD's Hong Kong ...