Buffett once again reduced his holdings in BYD, with his holding ratio falling from 5.06% to 4.94%

According to news from this website on July 22, Hong Kong Stock Exchange documents show that Buffett’s Berkshire Hathaway reduced its holdings in BYD shares, with the position ratio falling from 5.06% to 4.94%.

This site noticed that on August 24, 2022, Berkshire reduced its holdings of BYD H shares for the first time, and then implemented several reductions in holdings. However, after reducing its holdings on October 25, 2023, it stopped The pace of reduction has been reduced. After 8 months, Berkshire resumed its steps to reduce its holdings, and the pace of reductions began to accelerate. Hong Kong Stock Exchange data shows that on June 11 and June 19, 2024, Berkshire reduced its holdings of BYD H shares by 1.3475 million shares and 2.0175 million shares respectively.

According to the relevant regulations of the Hong Kong Stock Exchange, changes in the shareholding ratio of shareholders holding more than 5% of the shares will only be disclosed when it exceeds an integer percentage.

In September 2008, Berkshire Hathaway subscribed for 225 million BYD H shares at a price of HK$8 per share. On August 24, 2022, Berkshire Hathaway reduced its holdings of the stock for the first time. At that time, its shareholding ratio was 19.92%, and the stock price increased 30 times from the subscription price.

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