BYD responds to the rumor that "225 million shares of Buffett are transferred to Citibank": the specific situation is being confirmed

Time:2022-07-13 14:55:21Source:

On July 12, according to 21 Finance and Economics, Hong Kong stock BYD shares fell more than 12% during the session, and A-share BYD fell more than 7% as of the noon break.

According to CCASS data of the Hong Kong Stock Exchange, Citibank's holding of BYD shares increased by 225 million shares to 389 million shares on July 11, after Citibank held 163 million shares of BYD shares on July 9.

Data shows that Buffett's Berkshire Hathaway holds 225 million shares, and the market speculates that Citibank's new 225 million BYD shares come from Berkshire Hathaway.

An official from BYD's investor relations department said that the specific situation is being confirmed.

In addition, the latest data from the Hong Kong Stock Exchange shows that more than 5% of BYD's major shareholders have not been found to have recently declared an increase or decrease in their holdings, including Berkshire Hathaway, which holds 7.73% of the shares. company.

According to brokerage China, BYD’s securities affairs department responded: “The data we see now is that Buffett’s shareholding has not changed at present. Its shareholding ratio is very large, and if it involves share changes, it will definitely be disclosed.”

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