巴菲特正大胆押注日本市场。 最新数据显示，伯克希尔哈撒韦对日本五大商社持仓价值在近几周已突破300亿美元大关，并且巴菲特 仍在继续买入。 这一数字相比2020年8月30日巴菲特90岁生日时首次披露约5%持股时的63亿美元总价值，暴涨了392% 至目前的310亿美元。据报道，在此期间，伯克希尔不断增持，而这五只股票的涨幅在227%至551%之 间。 持续增持，突破10%上限 伯克希尔正稳步提升其在日本关键商社中的影响力。 时至今日，该投资组合的总价值已达到310亿美元，实现了392%的增长。 这一回报由两部分构成：一是伯克希尔在过去数年间的持续买入；二是被投公司股价的强劲表现，这些 股票的涨幅在227%至551%之间。 巴菲特的投资逻辑与长期承诺 巴菲特选择日本商社的逻辑清晰而直接。他在2023年接受CNBC的Becky Quick采访时解释称，2020年他 被这些股票吸引，是因为"它们的售价在我看来低得离谱，特别是考虑到当时的利率水平"。 最初，巴菲特曾向这五家公司承诺，未经许可不会将持股比例提高到10%以上。 然而，随着投资价值的显现，情况发生了变化。巴菲特在今年2月致股东的年度信中写道："当我们接近 这个 ...

人民网大阪10月10日电 （许可）10月9日下午，内蒙古经贸旅游洽谈推介会在2025日本大阪世博会中 国馆举行。作为大阪世博会中国馆"内蒙古活动日"的主要活动之一，推介会旨在借助世博会这一国际平 台，宣传推介内蒙古投资环境、发展优势和重点产业，加强内蒙古与日本各界的交流联系，增进了解，挖 掘合作潜力，寻求合作机遇。 10月9日下午，内蒙古经贸旅游洽谈推介会在2025日本大阪世博会中国馆举行。人民网 许可摄 本次推介会传递了内蒙古扩大高水平对外开放、寻求务实互利合作的诚意和愿望，搭建了内蒙古与日 本在经贸和文化旅游等领域的交流合作平台，为深化双方务实合作奠定了良好基础。 推介会现场签订合作协议。人民网 许可摄 中国驻大阪总领事馆经商处参赞景春海、日本国际贸易促进协会理事长安田真人出席并致辞，日中经 济协会关西本部、大阪商工会议所、日本贸易振兴机构、一般社团法人日中经济贸易中心、奈良县日本中 国友好协会、日中经贸文旅促进会、三井物产株式会社等机构、企业和内蒙古自治区代表团110余名中日 政企代表参加了推介会。 内蒙古自治区商务厅有关负责人推介内蒙古资源禀赋、发展优势和重点合作方向，阐述了投资内蒙古 的机遇和前景， ...

值得注意的是，金融板块表现相对平淡。这反映出市场对高市可能推动的金融监管改革持观望态度。一位东京券商分析师透露："投资者正在重新评估各行 业在新政策环境下的定位，产业洗牌才刚刚开始。" 狂欢背后的三大隐忧 你有没有想过，一个人的当选竟能让整个国家的股市沸腾？就在昨天，日本资本市场用一场5%的史诗级暴涨，向我们展示了政治与经济的奇妙化学反应。 日经225指数逼近48000点，丰田汽车单日飙涨7%，这场狂欢背后，是新任自民党总裁高市早苗带来的政策预期旋风。 政策红利点燃市场热情 当高市早苗以185票击败小泉进次郎当选自民党第29任总裁时，资本市场早已提前狂欢。选前三天，敏锐的投资者就开始布局"高市交易"——大举买入股 票，同时抛售长期国债。野村证券等机构分析师明确指出，这位即将成为日本新首相的政治家，其政策主张正是市场梦寐以求的强心剂。 高市的经济政策蓝图包含三个关键要素：大规模基建投资、企业税制改革和科技创新扶持。特别是她主张的"数字日元"战略，让科技板块成为这轮上涨的领 头羊。市场普遍预期，这将带动日本企业数字化转型浪潮，创造数万亿日元规模的新市场。 仔细观察这轮上涨，我们会发现一个有趣现象：传统制造业与新兴 ...

Core Viewpoint - Warren Buffett is deepening his investment in Japanese trading companies by increasing his stake in Mitsui & Co. to over 10%, marking him as a "major shareholder" [3][6]. Investment Strategy Shift - This increase in stake signifies a subtle shift in Berkshire Hathaway's investment strategy, as Buffett initially planned to keep holdings in these companies below 10% [6]. - The Japanese trading companies have agreed to "moderately" relax the holding limit, allowing Berkshire to surpass the 10% threshold and engage more deeply in their future developments [6]. Market Reaction - Following the announcement, Mitsui & Co.'s stock price rose by 2.2% before settling at a 1.75% increase, with other major trading companies also experiencing stock price increases [3][6]. Unique Business Value - Buffett's continued investment highlights the unique business value of Japanese trading companies, which have a highly diversified business structure, providing resilience during commodity price fluctuations [6]. - These companies have also focused more on shareholder returns, enhancing their attractiveness as investment opportunities [6].

Core Viewpoint - Warren Buffett's Berkshire Hathaway has completely divested its shares in BYD, citing increased competition in the Chinese automotive industry, slowing performance, and geopolitical risks as key reasons for the decision [3][4][5]. Group 1: Reasons for Selling BYD - Increased competition in the Chinese automotive sector has led to a slowdown in BYD's performance, with five out of six major automotive companies reporting reduced profits or losses in the first half of 2025 [3]. - The profit growth rate of BYD has also declined compared to the previous year, indicating a potential ceiling on its performance [3]. - Geopolitical risks have influenced Berkshire's decision to reduce its stake in BYD, with the holding dropping below 5% by June 2024 [4]. Group 2: Shift to Japanese Investments - Berkshire Hathaway has increased its stake in Japanese trading company Mitsui & Co., with the shareholding exceeding 10% as of September 22 [7]. - The company has expressed a commitment to continue seeking investment opportunities in Japanese enterprises, viewing this as a strategic shift away from Chinese stocks [5][6]. - The positive market reaction to Berkshire's investment in Mitsui & Co. was evident, with the stock price rising to a new high since July 2024 following the announcement [7].

Core Viewpoint - Berkshire Hathaway has increased its stake in Japan's Mitsui & Co. to over 10%, with potential for further increases in the future [2][3]. Group 1: Stake Increase and Corporate Strategy - In February, Buffett indicated that Japanese companies agreed to "moderately" relax the 10% ownership cap [2]. - As of September 22, Berkshire's voting rights stake in Mitsui & Co. has surpassed 10%, and there is a possibility of further acquisitions [2]. - On August 28, Mitsubishi Corporation announced that Berkshire's voting rights stake increased from 9.74% to 10.23% [2]. Group 2: Investment Approach - Since 2019, Berkshire has focused on high-credit Japanese companies, utilizing low-interest yen bonds to invest in major trading firms [2]. - On April 11, Berkshire priced a total of 90 billion yen in six series of yen-denominated bonds, marking the lowest issuance scale in history [2]. Group 3: Market Performance - As of September 22, the stock prices of the five major trading companies, including Mitsui & Co. and Mitsubishi Corporation, have all seen gains [3]. - Currently, the stock prices of Japan's five major trading companies are at their highest valuation levels in 20 years [4].

Group 1 - Berkshire Hathaway has become a major shareholder in Mitsui & Co., increasing its voting rights stake to over 10% and indicating potential for further investment [1] - Initially, Berkshire planned to keep its stake in Mitsui below 10%, but the company has agreed to relax this restriction [1] - Mitsui & Co. engages in product sales and develops international infrastructure projects across various sectors, including steel, minerals, energy, and IT [3] Group 2 - Since Buffett's announcement in 2020 regarding investments in Japan's major trading companies, stocks of these companies, including Mitsui, have significantly outperformed the Tokyo Stock Exchange index [3] - Mitsui's stock price rose from 809.2 yen at the end of 2020 to 3,774 yen as of September 22, 2023, marking an increase of nearly four times over five years [3] - Foreign investors have shown strong interest in Japan's long-term government bonds, with net purchases reaching 2,045 million yen in August, the longest streak of net buying since March 2021 [5]

Group 1 - Berkshire Hathaway has increased its stake in Mitsui & Co. to over 10%, marking it as a "major shareholder" [1] - This move signals Warren Buffett's confidence in the Japanese market, following a similar increase in Mitsubishi Corporation [1] - Following the announcement, Mitsui & Co.'s stock price rose by 2.2% before settling at a 1.75% increase, with other major trading companies also experiencing stock price gains [1] Group 2 - The increase in stake represents a subtle shift in Berkshire's investment strategy, as the company initially aimed to keep its holdings below 10% [4] - Japanese companies have agreed to "moderately" relax the holding limit, allowing Berkshire to become a major shareholder and engage more deeply in their future developments [4] - Analysts view Buffett's continued investment as a positive signal for Japanese trading companies, which have shown resilience amid commodity price fluctuations and have focused more on shareholder returns [4]

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has increased its stake in Mitsui & Co. to over 10%, signaling confidence in the Japanese market and potentially considering further investments [1][2]. Group 1: Investment Strategy - This increase marks a subtle shift in Berkshire's investment strategy, as Buffett initially planned to keep holdings in Japan's top five trading companies below 10% [4]. - The agreement from these Japanese companies to "moderately" relax the holding limit has paved the way for Berkshire to become a "major shareholder," allowing deeper involvement in their future developments [4]. Group 2: Market Reaction - Following the announcement, Mitsui & Co.'s stock price rose by 2.2% before settling at a 1.75% increase, with other major trading companies also experiencing stock price gains [2]. Group 3: Unique Value Proposition - Analysts highlight that Buffett's continued investment underscores the unique commercial value of Japanese trading companies, which have shown resilience amid commodity price volatility due to their diversified business structures [4]. - These companies have increasingly focused on shareholder returns, enhancing their attractiveness as investment opportunities [4].

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has increased its stake in Japan's Mitsui & Co. to over 10%, becoming a major shareholder, which signals confidence in the Japanese market [1][3]. Group 1: Investment Strategy Shift - The increase in stake marks a subtle shift in Berkshire's investment strategy, as Buffett initially planned to keep holdings in Japan's top five trading companies below 10% [5]. - The companies have agreed to "moderately" relax the holding limit, allowing Berkshire to surpass the 10% threshold and engage more deeply in the future development of these Japanese giants [5]. - Analysts view Buffett's continued investment as a positive signal for Japanese trading companies, which have shown strong stock performance since his initial endorsement in 2020 [5]. Group 2: Market Reaction - Following the announcement, Mitsui & Co.'s stock price rose by 2.2% at one point, with other major trading companies also experiencing stock price increases [1][3]. - The positive market response reflects investor sentiment towards the stability and growth potential of Japanese trading companies [3]. Group 3: Unique Business Value - Buffett's ongoing investment highlights the unique business value of Japanese trading companies, which have a highly diversified business structure, providing resilience during commodity price fluctuations [5]. - These companies have increasingly focused on shareholder returns, enhancing their attractiveness as investment opportunities [5].