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Warren Buffett Reduces Shareholding Ratio in BYD to 16.62%
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Warren Buffett Reduces Shareholding Ratio in BYD to 16.62%

Nov 14, 2022
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Warren Buffett Reduces Shareholding Ratio in BYD to 16.62%
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Warren Buffett Reduces Shareholding Ratio in BYD to 16.62%
American business magnate Warren Buffett (Source: Cointribune)

On November 11, documents on the Hong Kong Stock Exchange (HKEx) showed that Berkshire Hathaway, founded by Warren Buffett, reduced its holdings of more than 5.78 million BYD shares at HK $196.99 on November 8, and its shareholding ratio dropped to 16.62%.

This is not the first time Berkshire …

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