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 ...

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 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.

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

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 ...

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 ...