重大信号！巴菲特，突然出手！

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has issued a bond totaling 90 billion yen (approximately 4.6 billion RMB), marking the smallest yen transaction since entering the Japanese market in 2019, indicating potential further investments in Japanese companies [2][5][10]. Group 1: Bond Issuance Details - The bond issuance consists of six parts with maturities ranging from 3 to 30 years [6]. - All bonds have a yield premium higher than the issuance level from October of the previous year, with the 3-year bond having a yield premium of 70 basis points, significantly up from 49 basis points [8]. - Despite market volatility leading to several Japanese companies canceling bond issuances, Berkshire successfully completed this transaction, highlighting its strong market position [5][9]. Group 2: Investment Strategy and Market Context - Berkshire's bond issuance is interpreted as a strategy to "borrow yen to buy Japanese stocks," signaling a deep commitment to the Japanese market [13]. - Buffett has expressed intentions to further increase stakes in Japan's five major trading companies, which he finds operationally similar to Berkshire [10][15]. - The total investment cost in these five companies reached $13.8 billion, with a market value of $23.5 billion as of the end of last year [12]. Group 3: Market Performance and Investor Sentiment - Berkshire's A shares have outperformed the S&P 500 index, showing a year-to-date increase of 15.14%, while the S&P 500 has declined by 8.81% [3]. - The five major trading companies have experienced stock price declines, with some reaching lows not seen since August of the previous year, suggesting a potential buying opportunity for Berkshire [14][15]. - Investors are closely monitoring Buffett's financing and investment moves, as they may indicate broader market trends and opportunities [13].