Berkshire Hathaway Investments | AP Business | thebrunswicknews … – Brunswick News

Partly cloudy early with increasing clouds overnight. Low 43F. Winds light and variable..
Partly cloudy early with increasing clouds overnight. Low 43F. Winds light and variable.
Updated: January 9, 2023 @ 7:09 pm
FILE – Staff members stand near a logo for the BYD auto company, as they wait for visitors at the Beijing International Automotive Exhibition in Beijing, April 25, 2016. Warren Buffett’s company continues selling off its BYD shares despite the positive comments he has made about the Chinese electric car maker in the past, but Berkshire Hathaway remains a major shareholder.

Warren Buffett’s company continues selling off its BYD shares despite the positive comments he made in the past about the Chinese electric car maker, but Berkshire Hathaway remains a major shareholder. Berkshire said in a filing with the Hong Kong stock exchange Monday that it had sold another 1 million shares, leaving it with 13.97% of the Hong Kong-issued shares of BYD. Buffett hasn’t explained why he is selling the shares he bought back in 2008 for $232 million. But the sales do allow Berkshire to bank some of the tremendous gains the stock has recorded since the market for electric vehicles took off in China. Berkshire’s remaining stake is worth a little under $4 billion.

source

Related Posts

Anne Hathaway, Jeremy Strong, Anthony Hopkins form a Jewish film … – The Jerusalem Post

Anne Hathaway, Jeremy Strong, Anthony Hopkins form a Jewish film …  The Jerusalem Postsource

Berkshire Hathaway: Warren Buffett further unwinds BYD investment … – CNN

Berkshire Hathaway: Warren Buffett further unwinds BYD investment …  CNNsource

Berkshire Hathaway Inc. Cl B stock underperforms Tuesday when compared to competitors – MarketWatch

Shares of Berkshire Hathaway Inc. Cl B BRK.B slipped 0.31% to $305.55 Tuesday, on what proved to be an all-around mixed trading session for the stock market,…

Donald S. Hathaway Jr. – Ocala News

Donald S. Hathaway Jr. passed away on his 61st birthday, Tuesday November 15, 2022.Don grew up in New Vernon, NJ and attended Bayley Ellard high school. After…

Anne Hathaway tells 'The View' that 'abortion can be another word … – Fox News

This material may not be published, broadcast, rewritten, or redistributed. ©2023 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least…

Anne Hathaway Happy to See 'Level of Excitement' Surrounding The Princess Diaries 3 – MovieWeb

Hathaway has not confirmed participation in the third installment of the film series but is ‘thrilled’ with the fan response.Anne Hathaway is just as excited as fans…

Leave a Reply

Your email address will not be published. Required fields are marked *