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Berkshire Hathaway and Warren Buffett Maybe Dumping Chinese BYD Shares

July 15, 2022
Source: honestcolumnist.com honestcolumnist.com
News Snapshot:
Berkshire Hathaway and Warren Buffett Maybe Dumping Chinese BYD Shares While Chinese new energy automaker BYD doesn’t execute any car sales in the United States, the company does have some interests here. In a financial context, Warren Buffett’s Berkshire Hathaway, a multinational holding company, might be dumping its considerable stake in the automaker. Read here about why Berkshire Hathaway would dump its stock and what it means for the auto industry. Does Berkshire Hathaway own BYD? Warren Buffett’s renowned multinational holding company, Berkshire Hathaway, owned 225 million shares in BYD, one of China’s major automakers and the country’s leading producer...
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