Warren Buffett's Berkshire Hathaway trims its stake in China's BYD

INSUBCONTINENT EXCLUSIVE:
Warren Buffett's Berkshire Hathaway has trimmed its stake in China's BYD , which surpassed Tesla last year as the world's largest seller of
electric vehicles
| Photo: Reuters2 min read Last Updated : Jun 17 2024 | 8:43 PM IST Warren Buffett's Berkshire Hathaway has trimmed its stake in China's
Kong-listed BYD shares for HK$310.5 million ($39.8 million), according to a filing on Monday with the Hong Kong stock exchange
of Charlie Munger, Berkshire's late vice chairman. Munger said at the 2023 annual meeting of publishing and software company Daily Journal
at the Omaha, Nebraska-based conglomerate's annual meeting last month that it will keep doing so, but that BYD was a rewarding
"BYD was one of them, and Costco was the other...
staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Jun 17 2024 | 8:43 PMIST