-
Berkshire Hathaway
TOPIC
 / company

Berkshire Hathaway

(伯克希尔·哈撒韦)

Berkshire Hathaway
Berkshire Hathaway
伯克希尔·哈撒韦
Berkshire Hathaway is controlled by Warren Buffett, who is chairman and chief executive of the company which owns a range of companies, including GEICO and NetJets, a substantial stake in Heinz, and has stakes in American Express, Procter & Gamble and IBM. The company is noted for outperforming the stock market under the leadership of Buffett, a value investor.
Chairman / President
Warren E. Buffett
CFO / Finance Director
Marc D. Hamburg
Industry
Conglomerate
Website
BerkshireHathaway.com
Headquarters address
Kiewit Plaza, Omaha, Nebraska, United States
Stock Code
NYSE: BRK.A
NYSE: BRK.B
Year founded
1839
China has become the first nation to post a US$1 trillion annual trade surplus, while the US is adding that much to its national debt every 71 days. Photo: Reuters
US-Venezuela conflict

Opinion | Forget Venezuela and Greenland – here is the real trillion-dollar question

As the world fixates on US military adventurism, trillion-dollar shifts in trade, R&D and debt are rebalancing the global economy and geopolitics.

21
Trending in China

US$75 million split: China court rules ex-wife of pharma tycoon gets half of firm

Warren Buffett

Warren Buffett endorses Greg Abel as successor in final letter to shareholders

SCMP Highlights

Warren Buffett exits BYD, Xiaomi recalls more than 100,000 SU7s: 7 EV reads

From Hong Kong’s first potential electric car manufacturing plant to BYD eyeing a sales boost, here are seven EV stories you may have missed.

A Xiaomi SU7 electric vehicle displayed at the Auto China 2024 expo in Beijing. Photo: Reuters
Alibaba

Alibaba’s AI investment and Cathie Wood’s endorsement send shares to 4-year high

Prominent US fund manager buys US$16.3 million worth of shares in a vote of confidence for the firm’s focus on AI and on-demand delivery services.

IPO

Chery Auto IPO shows China confidence withstands economic clouds

Demand for shares of China’s largest auto exporter shows that investors are undeterred by risks hovering over the nation’s economy.

Advertisement
Advertisement
Advertisement
Hong Kong stock market

Warren Buffett exits BYD amid China’s cutthroat EV market

Berkshire Hathaway whittles its holding in the Chinese EV maker back to zero amid slowing sales and shrinking profits.

Workers assemble an EV car inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa
BYD

BYD executives buy shares in the EV maker a show of confidence

A total of 37 executives bought 488,200 A shares to ‘display their continued optimism about the investment value of the company’.

Electric & new energy vehicles

BYD ramps up showroom openings, targets full local production in Europe

The Berkshire Hathaway-invested EV maker plans to open 2,000 dealerships by 2026 and produce all models for sale in Europe locally by 2028.

Millionaires and billionaires

Meet Warren Buffett’s accomplished granddaughter-in-law, Lili Buffett

Lili, the wife of Warren Buffett’s grandson Howard Warren Buffett, is VP of investor relations at Power Sustainable, and lists Carolina Herrera, Zimmermann and Johanna Ortiz among her favourite designers.

Lili Buffett is the wife of Howard Warren Buffett, and they share a son. Photo: @lilibuffett/Instagram
Millionaires and billionaires

Meet billionaire Warren Buffett’s musician son Peter Buffett

The 67-year-old Emmy award winner will help manage his father’s billions after the he dies – but has courted controversy over the town he’s redeveloping in New York.

Billionaire Warren Buffett’s youngest son Peter Buffett dropped out of Stanford University to pursue a career in music. Photo: Edward Wong
Donald Trump

Buffett warns against Trump tariffs, says he wants to retire at end of year

The Berkshire Hathaway chair stunned shareholders with news that he hopes to hand over the reins to Greg Abel within months.

videocam
5
Electric & new energy vehicles

BYD out-earns Tesla after out-making, outselling Model 3 producer

Chinese EV maker is forecast to widen its lead over Tesla in 2025 and 2026 global sales, according to consensus compiled by Bloomberg.

videocam
Electric & new energy vehicles

BYD launches a ‘Model 3 killer’ at half the price of Tesla’s top seller

The Qin L and Xpeng’s Mona M03, which are priced around US$16,500, arrive as the US company’s mainland sales are dropping.

15
BYD Qin L EV starts at 119,800 yuan (US$16,526). Photo: Handout
Alibaba

Alibaba named most admired Chinese internet company by Fortune

The e-commerce giant trails only Amazon and Alphabet in the internet service and retailing category.

Alibaba’s office in Nanjing, eastern Jiangsu province. Photo: CFOTO/Future Publishing via Getty Images
E-commerce

PDD’s billionaire investor Duan Yongping showers praise on Temu

In a speech at his alma mater Zhejiang University, Duan professes his admiration for PDD founder and fellow alumnus Colin Huang Zheng.

Electric & new energy vehicles

BYD set to usurp VW as China’s top carmaker amid surge in EV deliveries

BYD’s total deliveries have exceeded perennial leader Volkswagen’s volume this year through October.

videocam
4
Advertisement
Advertisement
Advertisement
Electric & new energy vehicles

BYD, China peers take EV price war to record levels as margins suffer

EV makers slashed prices on 124 models from January to September, while prices on 71 petrol car models also cheapened, industry association says.

videocam
6
Visitors looking at a new-energy sports car at the World Intelligence Expo 2024 in Tianjin, China in June 2024. Photo: Xinhua
United States

As Berkshire Hathaway tops US$1 trillion, Buffett’s legacy reaches new heights

Warren Buffett’s conglomerate joins tech giants like Apple, Nvidia, and Microsoft with a market value of US$1 trillion.

Millionaires and billionaires

Meet J.B. Pritzker, the ‘actual billionaire’ who dissed Trump at the DNC

Forbes estimates Pritzker’s net worth at about US$3.5 billion, thanks to the Hyatt fortune and Pritzker’s private equity firm; this week, he called out the ex-president for his ‘stupidity’

United States

Apple, Nvidia lead sell-off as stock markets plunge on US recession fears

Chicago Fed President Austan Goolsbee said officials need to be aware of changes in environment to avoid overly restrictive interest rates.

8
Traders work on the floor of the New York Stock Exchange ahead of the closing bell in New York on Monday. Photo: AFP
Electric & new energy vehicles

Chinese EV maker BYD buys stake in Thailand distributor after factory opening

The world’s top EV maker buys a 20 per cent stake in Rever Automotive as it invests in Southeast Asia amid higher tariffs in the US and Europe.

videocam
BYD EVs are displayed inside the company’s first EV factory in Southeast Asia, in Rayong, Thailand, on July 4, 2024. Photo: Reuters
Electric & new energy vehicles

BYD mounts ‘big challenge’ to petrol-guzzling rivals with its new hybrid tech

The EV maker has unveiled a new version of its plug-in hybrid technology that it hopes will encourage more widespread adoption of electric cars in China, ratcheting up pressure on traditional carmakers like VW and General Motors.

videocam
11
Electric & new energy vehicles

Tesla regains EV crown from BYD by outselling rivals in shrinking China market

Tesla is the world’s largest maker of pure electric cars again after outselling its closest rival, BYD, during the first quarter of this year, according to data published by the companies.

videocam
Electric & new energy vehicles

BYD expects sales growth slowdown, banks on export surge for profits

BYD, the world’s largest electric-vehicle maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and a price war loom over the sector in mainland China.

BYD’s YangWang U9 electric supercar is displayed at the 45th Bangkok International Motor Show 2024 in this file photo from March. In the first two months of this year, BYD delivered 325,706 cars to customers, an increase of 2.9 per cent from the same period in 2023. Photo: EPA-EFE
Electric & new energy vehicles

China’s BYD to spend US$55 million on buy-back of Shenzhen-listed shares

The Shenzhen-based company expects to complete its share repurchase scheme within 12 months of the plan’s approval by shareholders.

BYD rolls out the new Dolphin Mini electric vehicle during its launch in Mexico City, Mexico, on February 28, 2024. Photo: Reuters
Electric & new energy vehicles

China’s BYD targets India with new EV model, starts work on Brazil plant

The Warren Buffett-backed carmaker has stepped up its pace of overseas expansion amid an ongoing price war and slowing sales at home.

videocam
Electric & new energy vehicles

BYD aspires to take on Ferrari, Lamborghini with a US$233,000 super EV

The Warren Buffett-backed carmaker is accepting bookings for the 1.68 million yuan (US$233,400) supercar with a deposit of 300,000 yuan. Deliveries are expected to start in the summer.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement