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 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 ...

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 ...

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 has further reduced its stake in Build Your Dreams (BYD), the Chinese electric vehicle giant. On June 11, 2024, the multinational conglomerate sold 1.35 ...

Buffett's company had acquired 225 million BYD shares in 2008, giving it a 7.73% stake, equal to the 20.49% stake in H shares, according to BYD's annual report. Berkshire paid $232 million for its ...

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 ...

Warren Buffett's Berkshire Hathaway trims stake in BYD's Hong Kong-listed stock to 9.87% May 08, 2023 7:10 AM ET BYD Company Limited (BYDDF) Stock , BYDDY Stock , BRK.A Stock , BRK.B Stock By ...

Warren Buffett's conglomerate has sold an additional 1.3 million Hong Kong-listed shares of BYD for $39.8 million, according to a filing to the Hong Kong Stock Exchange. The sale reduced Berkshire ...

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 ...

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.

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 ...