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Berkshire Hathaway: Warren Buffett further unwinds BYD investment in China

Por: CNN Business November 23, 2022

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Hong Kong CNN Business  —  Berkshire Hathaway is continuing to unwind its long position in BYD, and Tesla’s major rival, after holding it for 14 years. The legendary investor’s conglomerate sold another 3.2 million Hong Kong-listed shares of BYD last week, cutting its stake to 15.99%, a showed Tuesday. The sale was valued at about $80 million. It’s the fifth major share sale by Berkshire of BYD shares disclosed since August, according... + full article



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