Warren Buffett, the world-famous investment guru, has recently made new moves on the A** field.
He bought five Chinese companies at once, which was unprecedented.
Do you know? Warren Buffett has bought only two companies in his investment history in China, and both of them have brought him amazing returns.
Let's start by reviewing these two investments.
First of all, in 2003, Buffett made several positions in PetroChina, and finally held 2.3 billion shares. He was in 16 Hong Kong dollars, and in 2007, when he sold it in batches, the transaction price was about 12 yuan. In just four years, PetroChina's investment has brought him a sevenfold return.
The second investment was in the 2008 financial crisis, when Buffett's Western Assets sold BYD 2 at a price of 8 Hong Kong dollars per share2.5 billion shares.
With the passage of time, BYD has gradually shown the potential of its chosen son and has become a leader in the new energy vehicle market. Warren Buffett waited patiently, and by 2022, BYD's share price had soared to around 300 yuan. On this investment, Buffett probably made about 30 times.
After tasting these two sweetnesses, Buffett became even bolder.
Recently, he used Bill Gates to meet five Chinese companies again.
These five companies are Xianhe shares, Sinoma Technology, Beijing New Building Materials, Shuanghuan Transmission and the first company with a market value of up to 500 million.
The fifth Xianhe shares, with a market value of 90 million, and the second Sinoma Technology, with a market value of 23 billion, the third Beijing New Building Materials, the market value of the position is 3 billion, and the second Shuanghuan Transmission is 34 billion.
Well, the market value of the first position next is 500 million.
(The last one, the avatar is a small envelope, and it is 8, which is immediately displayed, not Pingloun District).