Warren Buffett Exits BYD After 17 Years, Securing $7 Billion in Profits,Here is Why He Exited

Warren Buffett Exits BYD After 17 Years:In a move that underscores the disciplined approach of one of the world’s most legendary investors, Warren Buffett’s Berkshire Hathaway has fully divested its stake in Chinese electric vehicle (EV) giant BYD Co. Ltd., marking the end of a 17-year investment journey that began in 2008. The exit, confirmed …

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China’s EV Giant BYD Cuts Prices by 35%, Shares Plunge More Than 8%

BYD Cuts Prices: Hong Kong-listed shares of Chinese electric vehicle (EV) giant BYD Co Ltd dropped sharply on Monday, at HKD 425.20, down HKD 40.00 or 8.60% from the previous close of HKD 465.20. The stock opened the day at HKD 459.80 and hit a day high of HKD 463.00, before plunging amid heavy selling …

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