Berkshire Hathaway Sells $39.8M in Shares of China's BYD
ECONOMY & POLICY

Berkshire Hathaway Sells $39.8M in Shares of China's BYD

Berkshire Hathaway Inc. has sold $39.8 million worth of shares in Chinese electric vehicle (EV) manufacturer BYD Co Ltd, reducing its stake in the company. This move comes as part of Berkshire's broader portfolio management strategy, led by renowned investor Warren Buffett.

According to a filing with the Hong Kong Stock Exchange, the sale involved approximately 1.96 million BYD shares, bringing Berkshire's holdings in the company down to about 207.14 million shares. Despite this reduction, Berkshire Hathaway remains a significant shareholder in BYD, reflecting continued confidence in the company's long-term prospects.

Berkshire Hathaway first invested in BYD in 2008, acquiring a substantial stake in the company. This investment has proven highly profitable, with BYD emerging as a leader in the global electric vehicle market. The company's diverse portfolio includes not only electric cars but also batteries and other related technologies, positioning it well to capitalise on the growing demand for sustainable transportation solutions.

The recent share sale is part of Berkshire's routine investment practices, aimed at balancing and diversifying its extensive portfolio. While reducing its stake, Berkshire Hathaway continues to hold a significant position in BYD, underscoring its ongoing belief in the EV maker's growth potential.

BYD has been expanding its market presence both domestically and internationally, with increasing sales of its electric vehicles and buses. The company's focus on innovation and sustainability aligns with global trends towards cleaner energy and transportation solutions.

Berkshire Hathaway Inc. has sold $39.8 million worth of shares in Chinese electric vehicle (EV) manufacturer BYD Co Ltd, reducing its stake in the company. This move comes as part of Berkshire's broader portfolio management strategy, led by renowned investor Warren Buffett. According to a filing with the Hong Kong Stock Exchange, the sale involved approximately 1.96 million BYD shares, bringing Berkshire's holdings in the company down to about 207.14 million shares. Despite this reduction, Berkshire Hathaway remains a significant shareholder in BYD, reflecting continued confidence in the company's long-term prospects. Berkshire Hathaway first invested in BYD in 2008, acquiring a substantial stake in the company. This investment has proven highly profitable, with BYD emerging as a leader in the global electric vehicle market. The company's diverse portfolio includes not only electric cars but also batteries and other related technologies, positioning it well to capitalise on the growing demand for sustainable transportation solutions. The recent share sale is part of Berkshire's routine investment practices, aimed at balancing and diversifying its extensive portfolio. While reducing its stake, Berkshire Hathaway continues to hold a significant position in BYD, underscoring its ongoing belief in the EV maker's growth potential. BYD has been expanding its market presence both domestically and internationally, with increasing sales of its electric vehicles and buses. The company's focus on innovation and sustainability aligns with global trends towards cleaner energy and transportation solutions.

Next Story
Infrastructure Transport

CPCL crosses $10 million revenue milestone

Chaitanya Projects Consultancy (CPCL), a leading infrastructure and engineering consultancy, has surpassed $10 million in annual revenue for FY 2024–25, marking a five-year compound annual growth rate of 28.2 per cent—well above the industry average. Established in 2004, CPCL has delivered over 300 projects across highways, bridges, urban infrastructure, water, transport, and environmental sectors. Its achievements include over 600 km of six-lane highways, 2,000 km of national highways, and 100 major bridges. “Our goal has always been to improve India’s infrastructure,” sai..

Next Story
Resources

KPIL secures new orders worth Rs 37.89 billion

Kalpataru Projects International Ltd (KPIL), a major EPC player in power transmission and civil infrastructure, has secured new orders worth approximately Rs 37.89 billion along with its international subsidiaries. The orders include a significant contract in the Buildings and Factories (B&F) segment in India, marking KPIL’s largest B&F order to date. The project involves the development of over 12 million sq ft of residential space with supporting infrastructure, awarded on a design-build basis. Additionally, the company has won new transmission and distribution (T&D) order..

Next Story
Real Estate

Apartment loading rises to 40 per cent in top cities

Driven by rising demand for premium amenities, the average apartment loading across India’s top seven cities has reached 40 per cent in Q1 2025, up from 31 per cent in 2019, according to ANAROCK Research. The loading factor, or the area paid for beyond the usable carpet area, covers common spaces such as lobbies, staircases, and clubhouses. Mumbai Metropolitan Region (MMR) continues to lead with the highest loading at 43 per cent. Bengaluru saw the sharpest jump, from 30 per cent in 2019 to 41 per cent in Q1 2025. Chennai recorded the lowest average loading at 36 per cent. “Sixty..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?