BYD A+H shares price fell, Buffett 225 million shares transferred to Citibank?The official response is here

On July 12, BYD A shares (002594.SZ, the stock price was 324.3 yuan, the market value was 800.591 billion yuan) and H shares (01211.HK, the stock price of HK $ 306.8, and the market value of HK $ 292068 billion). As of the afternoon, BYD's A shares declined by 7.47%, and the largest decline in Hong Kong stocks exceeded 13%.

Picture source: Sina Finance

In response to this, the relevant staff of BYD said in an interview with the "Daily Economic News" reporter that BYD's stock price fluctuations were mainly affected by the significant growth of BYD shares held by Citi Bank.

According to data from the Hong Kong Stock Exchange, on July 9, Citibank held 163 million shares of BYD. On July 11, Citibank's positions increased by 225 million to 389 million shares, accounting for 35.39%. "Any investor or securities firm can transfer shares to Citibank. This is only a market operation, and the specific reason is that the company is still understanding." The above -mentioned BYD relevant staff said.

However, it is reported that the increase in the increase in the increase in the position of Citibank's position may come from Berkshire Hathaway Energy Corporation, Buffett.

According to public information, on September 29, 2008, Buffett's Berkshire Hathaway Energy Company (hereinafter referred to as Berkshire) spent $ 230 million (about HK $ 1.8 billion) at a price of 8 HK $ 8 per share , Subscribe BYD 225 million shares in Hong Kong stocks.

Regarding the speculation of the outside world, the above -mentioned relevant BYD staff gave a negative answer. "At present, Buffett's Berkshire holds the company's shares without changes, and still holds 225 million shares of the company, which is more than 5%of the company's holding shareholders." The above -mentioned BYD relevant staff explained that according to regulations, if the listed company is listed, if a listed company More than 5%of its holding shareholders should be disclosed in time.

On July 12, the relevant person in charge of BYD also emphasized in an interview with reporters that according to the relevant rules of the Hong Kong Stock Exchange and the Securities Regulatory Commission, large shareholders' reduction of holdings requires the declaration of equity. Check the Hong Kong Stock Exchange's equity disclosure platform and do not display the reduction of holdings.

According to the latest data of the Hong Kong Stock Exchange, in the report of the increase or decrease of major shareholders of BYD, no more than 5%of shareholders have recently declared holding and reduction in shareholding, including Berkshire, with a shareholding ratio of 7.73%.

Daily Economic News

- END -