Overview
- Berkshire confirmed the complete sale through a 10-Q showing the position at zero by June 30, 2025, and a spokesperson reiterated the exit to CNBC.
- BYD shares fell roughly 3.3% in Hong Kong trading on the confirmation of the disposal.
- The stake had been trimmed since mid-2022 and slipped below Hong Kong’s 5% disclosure threshold in mid-2024, limiting further public updates.
- BYD is contending with softer demand and fierce price competition, reporting about a 30% year-on-year drop in second-quarter net profit and cutting its annual sales target.
- Berkshire also sold about $4 billion of TSMC shares, according to CNBC, while Berkshire Hathaway Energy’s investment portfolio value fell to $950 million from $1.3 billion over six months.