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Berkshire Hathaway Reduces Stake in BYD 🚗

Berkshire Hathaway Reduces Stake in BYD 🚗

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Ben Sparham
Jun 25, 2024
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Berkshire Hathaway Reduces Stake in BYD 🚗
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Berkshire Hathaway has once again reduced its stake in the Chinese electric vehicle (EV) manufacturer BYD Company Limited. According to a recent filing with the Hong Kong Stock Exchange, Warren Buffett’s investment giant sold an additional 1.3 million Hong Kong-listed shares of BYD, bringing its holding down to 6.9%.

This sale is part of an ongoing trend…

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