Berkshire further cuts its stake in BYD to less than 5%
Under Hong Kong Stock Exchange rules, when an organization's shareholding in a Hong Kong-listed company drops to less than 5 percent, it can…
Berkshire further cuts stake in BYD to less than 6%
This is the second time this month that Berkshire's reduction of BYD stock has been disclosed.
Berkshire further cuts its stake in BYD by 5.78 million shares
Berkshire Hathaway's stake in BYD fell to 16.62 percent from 17.92 percent.
Berkshire further cuts its position in BYD by 3.3 million shares
Berkshire sold these shares on November 1 to cash out HK$560 million, reducing its stake in BYD to 17.92 percent.
Buffett sells additional 1.7 million BYD shares after first move late last month
Berkshire reduced its stake in BYD to 18.87 percent on September 1 after cutting its holdings by 1.716 million BYD H shares.
BYD says no need to over-interpret after Buffett’s holdings cut sends shares plummeting
As of press time, BYD's shares traded in Hong Kong were down more than 11 percent and those traded in Shenzhen were down about 8 percent.
Berkshire sold 1.33 million shares of BYD traded in Hong Kong on Aug 24
Following the move, Berkshire Hathaway's stake in BYD fell from 20.04 percent to 19.92 percent.
Rumors of Warren Buffett cutting BYD holdings stem from misreading of trading rules, analyst says
There had been a change in the rules of the Hong Kong Stock Exchange, where the physical stock needed to be replaced with an electronic stock holding.
BYD shares plunge on rumors of Warren Buffett cutting holdings
BYD fell 10.89 percent in early trading in Hong Kong and 7.3 percent for shares traded in Shenzhen.
Why did Buffett invest in BYD and not Tesla?
BYD shares traded in Hong Kong rose as much as 300% during the year.