According to CNBC, Bernstein said BYD is a buy and emphasized the investment case extends beyond its cars, signaling value in non-auto businesses (source: CNBC). CNBC reported the call as a buy recommendation, directing equity investors to consider BYD’s broader business lines when evaluating the stock’s risk-reward profile (source: CNBC). CNBC did not mention any direct cryptocurrency exposure or market linkage in the report, indicating no stated immediate impact on crypto prices based on this update (source: CNBC).

According to @business, Chery has made its stock market debut while seeking to shed sanctions risk and pivot toward lucrative Western markets, highlighting a strategic shift relevant to equity traders tracking China’s auto sector (source: @business). @business adds that this view is outlined by columnist @julianaliu via Bloomberg Opinion, framing the debut as part of Chery’s effort to move past Russia-related overhang and expand in higher-value Western demand centers (source: @business).

According to @CNBC, Berkshire Hathaway has fully exited its profitable stake in BYD, the Chinese EV maker originally bought on Charlie Munger’s recommendation. According to @CNBC, the move confirms a complete divestment and ends Berkshire’s exposure to the Chinese auto name. According to @CNBC, the post did not provide details on the timing or proceeds of the sale.