A screenshot of an internal BYD announcement shows that due to the sharp increase in raw material prices and the decline of China's subsidies for new energy vehicle purchases, BYD will adjust the suggested retail price of some of its new cars.
On August 30, the HKEx (Hong Kong Stock Exchange) News website showed that Warren Buffett's Berkshire Hathaway Corporation had sold 1.33 million BYD shares on August 24 at an average price of HK$277.1 ($35.31) per share.
225 million shares of Warren Buffett-backed Chinese EV firm BYD were transferred to Citibank on July 11. Market insiders speculated from the transfer scale that these shares come from Buffett's Berkshire Hathaway, an American multinational conglomerate.
Daily Journal Corp, the newspaper and software company owned by Charlie Munger, a close business partner of Warren Buffett, disclosed on Wednesday that it had increased its stake in Alibaba in the US stock market.
Cryptocurrency platform Tron Foundation, announced on July 23 in a Twitter post that its founder and CEO Justin Sun is postponing the Warren Buffett Lunch and press conferences.
Cryptocurrency entrepreneur Justin Sun bid a record $4.57 million for lunch with the legendary American investor Warren Buffet.
On May 4, at the annual Berkshire Hathaway shareholders' meeting, Hathaway's head Warren Buffett was interviewed by Yahoo Finance.