Warren Buffett’s Berkshire Hathaway Trims Stake in Chinese Auto Maker BYD

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Warren Buffett’s investment firm said it has sold Chinese electric-vehicle maker BYD’s shares for about $46 million

HONG KONG—Warren Buffett’s investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. for about $46 million.

Berkshire Hathaway Inc. sold 1.33 million of BYD’s Hong Kong-listed shares last Wednesday at an average of 277.10 Hong Kong dollars a share, equivalent to around $35 a share, according to a filing to the Hong Kong’s stock exchange.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I think Buffet knows China is on decline from now due to their leadership

In Islam true dreams have influenced the course of history. Hadiths also indicate that Prophet Muhammad SAW stated the importance of Dreams closer to time of Qiyamah. MuhammadQasimDreams Danielle Collins Coscu Time Magazine

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Are you the next Warren Buffett? Join our Best New Ideas in Money Festival Investing Contest and find out.The Best New Ideas in Money Festival Investing Contest wants you to grow your virtual portfolio, and match your wits against other participants.
Source: MarketWatch - 🏆 3. / 97 Read more »

BYD Plunges After Buffett Trims His Stake; One Fund Manager Says It Could Be a Warning SignShares of Chinese EV maker BYD tumble after Warren Buffett says he’s trimming his stake – fund manager says there’s more to come
Source: nbcchicago - 🏆 545. / 51 Read more »

In a former FLDS enclave, a brewery becomes a conflict-free zone“It’s easy to think of Colorado City... as being this insular FLDS or fundamentalist community,” said Edge of the World's owner. “But there are plenty of us who grew up outside of it or in different sects. That’s been a large part of the clientele here.”
Source: sltrib - 🏆 316. / 61 Read more »

Senator Warren 'Very Worried' About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession – Economics Bitcoin NewsU.S. Senator Elizabeth Warren says she is 'very worried' that the Federal Reserve will tip the economy into recession. inflation I want to do a pirates of the Caribbean meme that says. 'You best start believing in recession, you're in one. ' More pain ahead was the 'clear message from fed. Follow me ifb
Source: BTCTN - 🏆 531. / 51 Read more »

Pastor Rick Warren's final Saddleback Church sermon is a lot like his first one in 1980Rick Warren, who founded Saddleback Church in Orange County, retired Sunday after delivering the same sermon he gave on his first day, called 'The Beginning of a Miracle.'
Source: latimes - 🏆 11. / 82 Read more »