BYD Hong Kong stocks fell more than 11%. Analysts said that Buffett's reduction of holdings was symbolic and will cause a large fluctuation in the stock price in the short term.

Under the influence of reducing the storm, BYD A and H shares opened sharply today, and Hong Kong stocks once smashed more than 12 points after the opening. As of the afternoon closing, BYD A shares fell 7.14%, H shares fell 9.51%, and BYD ADR, which was listed in the US stock market, also fell more than 7%.

According to Southern Finance on August 31, BYD responded to the Buffett reduction incident. Some people from the BYD investor relationship department said that due to the sudden incident, the department had just seen disclosure and did not know the reduction of holdings in advance. At present BYD is knowing the incident.

Regarding the various speculations in the market, he said that the specific reason for reducing its holdings is not yet known, but Buffett's sale of stocks is a normal market behavior. Recently, BYD has not disclosed it. Interpretation.

On August 30, according to the website documents of the Hong Kong Stock Exchange, Buffett's Berkshire Hathaway sold 1.33 million BYD H shares on August 24, with an average selling price of HK $ 277.1016, cash out nearly 370 million Hong Kong dollar. After this reduction, Buffett still held 218 million shares, and the shareholding ratio dropped to 19.92%.

In July of this year, BYD's shares held by Citibank increased a sudden increase in 225 million shares, which was highly consistent with BYD shares held by Berkshire Hathaway. Therefore, market participants speculated that Buffett may reduce BYD shares. Affected by this, BYD's stock price fell sharply.

In this regard, Zhang Junyi, a partner of Aiwei Consulting, stated to the interface that Buffett's reduction of holdings has strong symbolic significance and will bring great fluctuations to BYD's stock price in the short term. But on the other hand, Buffett's reduction of holdings is not much compared to his shares. BYD also handed over a beautiful financial report to the outside world in the first half of the year. In addition, the country's development of the new energy vehicle industry's development Great support, the market still has strong confidence in BYD, and the possibility of restoration of the stock price.

On the evening of August 29, BYD released the financial report in the first half of 2022. According to the semi -annual report, BYD achieved operating income from January to June this year as high as 150.607 billion yuan, an increase of 65.71%year -on -year. The net profit attributable to shareholders of listed companies was 3.595 billion yuan, an increase of 206.35%year -on -year, and the performance remained upward.

Zhang Junyi also believes that Buffett's reduction is related to BYD's stock price fluctuations or the recent intricate international situation and subtle Sino -US relations. "At this point of time, we still need to observe its changes.

Zhang Xiang, a special expert in China Bo Lian Think Tank, believes that the decline in BYD's stock price is normal fluctuations. "BYD (stock price) has always risen steadily. Even if it is falling now, it is normal fluctuations. No company’s stock has been in an appreciation state."

Beginning at the end of 2019, BYD's stock price began to rise steadily. On June 10 this year, BYD's stock price rose nearly 7%, the market value exceeded trillion yuan, and the stock price hit a record high. BYD became the first autonomous brand to be among the trillion market value clubs.

Zhang Xiang said that because BYD has just announced the semi -annual report, better business indicators attract a large number of retail investors and investors to buy, making BYD stocks have a large investment space. At this time, Buffett's reduction or intention to maximizes its own benefits.

He also believes that BYD has a number of product lines covering high and low markets, and the market response and sales are very hot. Recently, it will also announce that it will launch a high -end model price of 1 million yuan. From the perspective of financial reports, the price of battery raw materials and car chips has risen, and the tight battery supply has not had a great impact on BYD. Therefore, in the next 3 to 5 years, BYD has a very good development prospect in the background of the rapid development of the new energy industry.

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