BYD Stock
Berkshire further cuts its stake in BYD to less than 5%
Under Hong Kong Stock Exchange rules, when an organization's shareholding in a Hong Kong-listed company drops to less than 5 percent, it can no longer continue to disclose its holdings.
Berkshire further cuts stake in BYD to less than 6%
This is the second time this month that Berkshire's reduction of BYD stock has been disclosed.
BYD to buy back RMB 400 million of shares in China's A-share market
The number of shares BYD plans to buy back is about 0.05 percent of its total issued share capital and will be used for cancellation to reduce registered capital.
BYD chairman doubles proposed share buyback amount to boost investor confidence
BYD chairman Wang Chuanfu doubled the amount of his proposed buyback of the company's shares in the A-share market to RMB 400 million from RMB 200 million and will be used to reduce registered capital.
BYD chairman proposes RMB 200 million in share buybacks
The proposal is based on Wang Chuanfu's confidence in China's NEV industry and the company's prospects, as well as his recognition of BYD's value to boost investor confidence, BYD said.
BYD applies for dual counter trading on Hong Kong exchange
The dual-currency counter model will provide BYD shareholders and potential investors with a new trading currency option that could further enhance the liquidity of its shares, BYD said.
Buffett sells about 1.06 million additional BYD shares on Jan 3
Buffett first reduced his BYD holdings on August 24, 2022, and has sold off a total of 7 times since then.
BlackRock has been trading BYD like day trader for past 4 months
BlackRock has reduced and increased its holdings in BYD Hong Kong shares several times in the second half of the year.
Berkshire further cuts its stake in BYD by 5.78 million shares
Berkshire Hathaway's stake in BYD fell to 16.62 percent from 17.92 percent.
Berkshire further cuts its position in BYD by 3.3 million shares
Berkshire sold these shares on November 1 to cash out HK$560 million, reducing its stake in BYD to 17.92 percent.