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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.
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 (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.
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 ...
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Buffett’s Berkshire Hathaway Trims BYD Stake to Below 5%Warren Buffett’s Berkshire Hathaway pared its stake in BYD to less than 5%, further unwinding its long-term bet on China’s largest electric-vehicle maker amid a broader refocus on U.S ...
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Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%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 ...
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 ...
BEIJING/NEW YORK (Reuters) -Warren Buffett's Berkshire Hathaway has trimmed its stake in China's BYD, which surpassed Tesla last year as the world's largest seller of electric vehicles.
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.
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 ...
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