SoftBank, Naspers, Buffett's Berkshire Sell Chinese Tech Stocks
Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearly 40%, and Naspers is paring its Tencent position.
Source: businessinsider.com
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Buffett, Berkshire Sell $600 Million of BYD Stock in Under 2 Months
Buffett's company has trimmed its stake in the automaker by 8% since mid-July, making a roughly 35-fold return on its money.
Source: businessinsider.com
Warren Buffett Sells $230 Million of BYD Stock After Munger, Li Trades
Buffett's company has sold nearly 3% of its BYD stake for a roughly 36-fold profit in recent weeks, after Munger and Li both cashed in some shares.
Source: businessinsider.com