Warren Buffett made a move to buy 5 Chinese companies

Mondo Finance Updated on 2024-02-26

Warren Buffett recently caused an uproar in the A** field, and he took five Chinese companies in one fell swoop, which is an unprecedented big move. Looking back on history, this stock god has only invested in two Chinese companies, one of which has increased its stock price by 7 times, while the other has increased by 30 times! First of all, in 2003, Buffett increased his position in PetroChina many times, totaling 2.3 billion shares, and the cost price was about 1HK$6. Subsequently, PetroChina's share price climbed all the way until 2007, when Buffett made a profit of about 12 yuan in batches, and it took only four years to make a seven-fold profit.

In 2008, when the financial crisis raged and the world economy was silent, it was at this moment that investment tycoon Warren Buffett entered the market in a big way, not afraid of market turmoil. It is understood that Warren Buffett's Western Capital sold BYD 2 at a price of 8 Hong Kong dollars per share2.5 billion shares, equivalent to RMB 1.5 billion. This gesture exemplifies the practice of his famous saying: "I am greedy when others are afraid". Since then, BYD has gradually shown its potential in the field of new energy vehicles, successfully seized market opportunities, and become the most high-profile upstart.

So during this period, Buffett held it patiently like holding a gold ingot, until 2022, BYD's stock price has been about 300 yuan, and Buffett sold it in batches, which is about 30 times the profit.

Warren Buffett is really a cow, China's ** such difficult money has been earned by him, after tasting these two sweetness, Buffett's courage is even greater, just recently Buffett is with the help of Bill Gates**will**five Chinese companies, let's take a look at which five, friends must take notes:

The 5th Xianhe shares, with a market value of 90 million.

The 4th Zhongcai Technology, the market value of the position is 23 billion.

The third Beixing Building Materials, the market value of the position is 1.3 billion.

The second double-ring transmissionOnly 34 billion.

The last one is heavier, the companyAfter the acquisition of Gates**, this company has gained 5The capital injection of 1.6 billion yuan is like gaining new vitality and investing more actively in business competition. Bought by Kuwait ** Investment Authority 37.9 billion, 61 for Hong Kong **settlement***4.5 billion, 30.7 billion bought by 440 domestic institutions.

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