Warren Buffett's Berkshire offloads more shares in Chinese EV giant BYD
Berkshire’s interest in BYD’s Hong Kong-listed shares has now fallen to 18.87% from 19.02%.
Source: moneyweb.co.za
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Berkshire’s interest in BYD’s Hong Kong-listed shares has now fallen to 18.87% from 19.02%.
Buffett's company acquired 225 million BYD shares in 2008, giving it a 7.73% stake.
Shares in Chinese electric carmaker BYD plunged on Wednesday after its largest backer, Warren Buffett's Berkshire Hathaway, reduced its stake amid speculation
Chinese electric carmaker BYD plummets after Buffett sale
Shares in Chinese electric carmaker BYD plunged on Wednesday after its largest backer, Warren Buffett's Berkshire Hathaway, reduced its stake amid speculation of a potential exit.