Really sold!Buffett sold BYD for the first time, 1.33 million shares now exceeded 300 million Hong Kong dollars

The stock god Buffett sells 1.33 million shares of BYD (01211.HK) H shares.

On August 30, the Hong Kong Stock Exchange website showed that Buffett's Berkshire Hathaway sold 1.33 million BYD H shares on August 24, with an average price of HK $ 277.1016, cash out 369 million Hong Kong dollars, and still held 2.18 100 million shares, the proportion of voting rights that has been issued to 19.92%.

As early as July 12, there were market rumors that Buffett had reduced its holdings of 225 million shares of Hong Kong stocks, and BYD Hong Kong stocks closed more than 11%that day.

According to data from the Hong Kong Stock Exchange CCASS, BYD's 225 million shares were transferred to Citibank on July 11. On July 9, Citibank held 163 million shares of BYD shares; on July 11, Citibank held BYD H H The number of shares reached 389 million, accounting for 35.39%of the issued shares.

Market sources speculate from the transfer scale that these shares should be from Berkshire Hathaway, a subsidiary of Buffett. However, Berkshire Hathaway has not undergone related disclosure. Analysts believed at the time that Buffett's holding of BYD may only be a farking.

On September 29, 2008, Buffett's Berkshire Hathaway spent HK $ 1.8 billion in Hong Kong dollars at a price of 8 Hong Kong dollars, subscribing to BYD 225 million shares in Hong Kong stocks. Since then, Buffett has been warehousing BYD, and has also attended BYD's new car release and other activities to platform for BYD.

The old partner of Buffett Buffett, Charlie Munger, Vice Chairman of Berkshire Hathaway, has been hailed as "mutual achievements" with BYD. Wang Chuanfu: "It is simply a mixture of Edison and Welch. He can solve technical problems like Edison, and at the same time, he can solve the problem of corporate management like Welch. I have never seen such a thing."

The sale of BYD this time is the first time that the stock god has sold BYD in 14 years. Even at the average price of HK $ 277, the profit was more than 33 times.

The semi -annual report released by BYD on August 29 shows that as of the end of June 2022, Buffett's Western Capital Group LLC under the Western Capital Group LLC of Buffett's Berkshire Hathaway Energy Company ranked fourth largest shareholder with 7.73%of the shareholders, with the number of shares holding. It is 225 million shares.

As of the closing of August 30, BYD A shares fell 0.86%, closed at 310.85 yuan/share, H shares fell 0.45%, and closed at 263 Hong Kong dollars/share.

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