_warren-buffett39s-berkshire-hathaway-sells-3639-million-worth-of-byd-shares-reducing-stake-in-chinese-ev-leader.jpg "Warren Buffett's Berkshire Hathaway Sells $39 Million Worth of BYD Shares, Reducing Stake in Chinese EV Leader from noddy ev poklon Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:50
👁 View: 605K times
✓ Published: 18-Jun-2024
👁 View: 605K times
✓ Published: 18-Jun-2024
Description:
Warren Buffett's Berkshire Hathaway has sold Hong Kong-listed shares of Chinese EV leader BYD for nearly $39 million, reducing its stake in the Chinese electric vehicle. Berkshire initially invested in BYD in 2008, purchasing around 225 million shares for about $230 million. The investment has been highly profitable, with BYD's stock price increasing nearly 600% by April 2022. This sale follows significant reductions in Berkshire's holdings in 2022 and 2023. BYD, founded by Wang Chuanfu, has grown from a battery manufacturer to the top car brand in China and the world's leading EV producer, surpassing Tesla in late 2023.
Warren Buffett's Berkshire Hathaway has sold Hong Kong-listed shares of Chinese EV leader BYD for nearly $39 million, reducing its stake in the Chinese electric vehicle. Berkshire initially invested in BYD in 2008, purchasing around 225 million shares for about $230 million. The investment has been highly profitable, with BYD's stock price increasing nearly 600% by April 2022. This sale follows significant reductions in Berkshire's holdings in 2022 and 2023. BYD, founded by Wang Chuanfu, has grown from a battery manufacturer to the top car brand in China and the world's leading EV producer, surpassing Tesla in late 2023.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_noddy39s-toyland-adventures-noddy-saves-christmas-christmas-videos-for-kids.webp "Mini Moments")
⏲ 25 minutes 15 seconds 👁 432.5K
_noddy-helps-the-lost-teeth-124-1-hour-of-noddy-in-toyland-full-episodes.webp "Noddy Official (English)")
⏲ 1 hour 2 minutes 16 seconds 👁 17.7K
_warren-buffett39s-berkshire-hathaway-sells-3639-million-worth-of-byd-shares-reducing-stake-in-chinese-ev-leader.webp "Warren Buffett's Berkshire Hathaway has sold Hong Kong-listed shares of Chinese EV leader BYD for nearly $39 million, reducing its stake in the Chinese electric vehicle. Berkshire initially invested in BYD in 2008, purchasing around 225 million shares for about $230 million. The investment has been highly profitable, with BYD's stock price increasing nearly 600% by April 2022. This sale follows significant reductions in Berkshire's holdings in 2022 and 2023. BYD, founded by Wang Chuanfu, has grown from a battery manufacturer to the top car brand in China and the world's leading EV producer, surpassing Tesla in late 2023.")
⏲ 0:50 👁 605K
_noddy-clip-scan.webp "UltraTehSpartan13")
_three-reasons-chinese-evs-are-so-competitive.webp "3 reasons why Chinese Electric #Vehicles are more affordable.<br/><br/>Fang Dongkui of the China Chamber of Commerce explains what he sees as the main advantages of the Chinese industry.<br/>#EV")
_noddy39s-toyland-adventures-ep-37-noddy-buys-a-parasol-124-50p.webp "Johnson and Noddy")
_noddy-a-lthatatlann-tev-festk.webp "MesemÃĄnia")
_xpeng39s-flying-car-takes-test-flight-in-china39s-hebei.webp "Chinese EV maker Xpeng's affiliate, XPeng AeroHT, flew its latest experimental drone car during a short test flight to demonstrate what the future of transportation could soon look like in the country.<br/><br/>The two-seater intelligent electric vehicle called the Voyager X2 performed a vertical takeoff and landing in Langfang city in Hebei province, watched by scores of spectators.")
_noddy39s-toyland-adventures-noddy-saves-christmas-christmas-videos-for-kids.jpg)
_noddy-helps-the-lost-teeth-124-1-hour-of-noddy-in-toyland-full-episodes.jpg)
_noddy-clip-scan.jpg)
_three-reasons-chinese-evs-are-so-competitive.jpg)
_noddy39s-toyland-adventures-ep-37-noddy-buys-a-parasol-124-50p.jpg)
_noddy-a-lthatatlann-tev-festk.jpg)
_xpeng39s-flying-car-takes-test-flight-in-china39s-hebei.jpg)
![[+]](/images/menu.gif){kind=small}