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BYD's Li Yunfei Reacts to Buffett's Divestment: Stock Transactions, Encompassing Both Purchases and Sales, Are Routine
2 day ago /
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Author：小编
As per reports from international media outlets on the evening of September 21, Berkshire Hathaway, led by Warren Buffett, has fully divested its shares in BYD. A representative from Berkshire confirmed that, as of March 31, the investment's worth had diminished to nil, with all shares having been sold. On September 22, Li Yunfei, the General Manager of BYD's Public Relations Department, issued a response. He noted that Berkshire initiated the reduction of its BYD shares in August 2022, and by June of the preceding year, its stake had dwindled to less than 5%. He underscored that the buying and selling of stocks are typical market activities.
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