Core Viewpoint - Berkshire Hathaway, led by renowned investor Warren Buffett, is set to spend $10 billion to acquire a subsidiary of Occidental Petroleum, marking its largest acquisition since 2022 [1][3]. Group 1: Acquisition Details - Berkshire Hathaway plans to invest $10 billion (approximately 71.2 billion RMB) to acquire a subsidiary of Occidental Petroleum [1]. - If the deal is finalized, it will represent Berkshire's highest acquisition amount since 2022 [1]. - Berkshire Hathaway has increased its stake in Occidental Petroleum multiple times in recent years, currently holding over 28% of the company's shares [3]. Group 2: Company Background - Occidental Petroleum was established in 1920 and is headquartered in Texas, USA, with business operations spanning oil and gas exploration, chemicals, coal, and low-carbon energy [5]. - Following the acquisition news, Occidental Petroleum's stock price rose by 0.99% on October 1, closing at $47.72 per share [5].

Group 1 - The company reported a revenue of HKD 8.72 million for the six months ending June 30, 2025, representing a year-on-year decrease of 15.03% [1] - The loss attributable to the company's owners was HKD 8.761 million, which narrowed by 1.65% year-on-year [1] - The basic loss per share was HKD 0.043 [1]