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Berkshire Hathaway Reduces BYD Stake Below 5%, Shifting Focus to US Investments

Warren Buffett's firm trims holdings in China's largest EV maker as competition intensifies and US opportunities beckon.

  • Berkshire Hathaway has decreased its stake in BYD to 4.94%, down from 5.06%.
  • The reduction means Berkshire no longer needs to disclose BYD stock sales on the Hong Kong exchange.
  • BYD shares dropped over 3% in Hong Kong following the announcement.
  • Berkshire's shift follows a broader trend of reducing exposure to Chinese companies, including Taiwan Semiconductor.
  • BYD remains a major player in the global EV market, with significant growth and expansion plans.
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