Berkshire Hathaway sells 1M BYD shares
By Michael Elkins According to a filing with the Chinese stock exchange, Berkshire Hathaway (NYSE:BRKa), the investment company owned by Warren Buffett, has sold 1.058 million Hong...
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BYD Co Ltd-H News & Analysis
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Payrolls, Eurozone CPI, Huobi woes - what's moving markets
By Geoffrey Smith Investing.com -- The U.S. releases its official labor market report for December, and the risks appear to be for an upside surprise to the consensus forecast of a 200,000...
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BYD to launch new EV brand
By Michael Elkins Chinese automaker, BYD (OTC:BYDDY) announced today that the company will be launching a new "professional and personal" electric car brand in 2023. Brian Luo, the...
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Warren Buffet's BYD more than doubled production in November
By Michael Elkins BYD (SZ:002594), a Chinese electric vehicle maker backed by Warren Buffet, released a report on Friday showing a strong increase in deliveries for the month of November...
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Asian shares rise ahead of Fed minutes, China COVID woes cap gains
By Ambar Warrick Investing.com-- Most Asian shares rose on Wednesday, tracking an overnight recovery in Wall Street as markets awaited more cues on U.S. monetary policy, although rising...
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Berkshire Hathaway cuts stake in BYD by 3.23M shares
By Michael Elkins According to filings, Warren Buffett-owned Berkshire Hathaway (NYSE:BRKa) investment company has sold 3.23 million Hong Kong-listed shares of electric vehicle maker BYD...
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BYD denies rumors on progress of batteries
By Michael Elkins Chinese automotive company BYD Auto (SZ:002594) on Tuesday denied rumors that the company's solid-state batteries are about to be loaded into vehicles and that its...
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BYD launches electric Atto 3 SUV in India
By Michael Elkins Chinese automaker BYD Motors (SZ:002594) announced today that the company has launched its second model in India. It was announced that the Atto 3 electric SUV will be...
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Tesla’s Chinese Deliveries Slip in October Following Record Highs
By Michael Elkins Tesla's (NASDAQ:TSLA) China deliveries fell in October after reaching record highs the month before. According to China's Passenger Car Association, the company shipped...
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Asia Stocks Rise Tracking Wall St Rebound, But China Lags
By Ambar Warrick Investing.com-- Asian stock markets rose on Tuesday after a slew of strong corporate earnings spurred an overnight recovery on Wall Street, although mixed economic signals...
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BYD Partners with Castrosua to Build Electric Buses in Spain
By Michael Elkins Electric vehicle manufacturer, BYD (SZ:002594) today signed a framework agreement with bus and coach assembly specialist, Castrosua. The agreement launches a cooperative...
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Asian Stocks Cautiously Optimistic Ahead of U.S. CPI Data
By Ambar Warrick Investing.com-- Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained...
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Chinese, Hong Kong Stocks Dragged Lower by Automakers
By Ambar Warrick Investing.com-- Chinese and Hong Kong stocks sank on Wednesday, dragged lower by major automobile makers after Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) trimmed its...
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Chinese Automobile Stocks Slump After Warren Buffett Trims BYD Stake
By Ambar Warrick Investing.com-- Major Chinese automobile stocks slumped on Wednesday after Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) sold part of its stake in automaker BYD...
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China EV Stocks Gain on New Stimulus Plan to Drive Car Demand
By Senad Karaahmetovic China’s Ministry of Commerce announced Thursday a set of new measures to drive car demand, including a potential tax break for electric vehicles (EVs) and plans to...
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EV Shares Jump as China Considers Extending Tax Exemptions
By Michael Elkins Singapore-traded shares of NIO Inc (SGX:NIOI) gained 5.5%, Li Auto (HK:2015) traded up as much as 9.4% in Hong Kong, Xpeng (NYSE:XPEV) (HK:9868) added 9.7% and BYD...
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Record Asia equity fundraising seen slowing as 'hot money' eases
By Scott MurdochHONG KONG, March 31 (Reuters) - Equity fundraisings in Asia are expected to slow down in the near term after two straight record quarters as 'hot money' flows that had...
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Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory
(Bloomberg) -- Tesla (NASDAQ:TSLA) Inc. plans to ship cars made at its Shanghai Gigafactory to other markets in Asia and Europe, according to people familiar with the matter. China-built...
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Buffett’s Berkshire Takes Stakes in Japanese Trading Companies
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc . (NYSE:BRKa) took stakes in five Japanese trading companies, expanding its reach abroad.Buffett’s company announced Sunday night...
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UPDATE 1-S.Korea's SsangYong Motor looking for possible buyer as Mahindra may exit
(Adds details on share price jump, Geely denial and BYD's no comment)By Joyce Lee and Hyunjoo JinSEOUL, June 19 (Reuters) - South Korean sports-utility vehicle maker SsangYong Motor...
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