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Warren Buffett Berkshire Hathaway Reduces Shareholding of Hong Kong-Listed Electric Car BYD from 20.04% to 19.92%, Share Price Drops 13%
2nd September 2022 | Hong Kong
Warren Buffett Berkshire Hathaway has reduced its shareholding of Hong Kong-listed electric car company BYD from 20.04% to 19.92%, with share price dropping 13% (30/8/22: HKD 263 to 2/9/22: HKD 228). BYD currently has a market value of $103 billion. The filing was made on the 24th August 2022 under Berkshire Hathaway Energy Company. View filing
” Warren Buffett Berkshire Hathaway Reduces Shareholding of Hong Kong-Listed Electric Car BYD from 20.04% to 19.92%, Share Price Drops 13% “
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BYD
BYD (Build Your Dreams) is a multinational high-tech company devoted to leveraging technological innovations for a better life. BYD now has four industries including Auto, Electronics, New Energy, and Rail Transit. Since its foundation in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 70 countries and regions. Its creation of a Zero Emissions Energy Solution, comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation, has made it an industry leader in the energy and transportation sectors. BYD is a Warren Buffet-backed company and is listed both on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at http://www.byd.com.
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