Chinese investors hungry for Warren Buffett's lunch auction
Updated: 2014-06-07 09:04
(Ecns.cn)
|
|||||||||||
Berkshire Hathaway Chairman and CEO Warren Buffett gestures during an interview, May 5, 2014. [Photo/IC] |
Warren Buffett's annual lunch auction, which is scheduled to end Friday at 7:30pm PST (7:30 am, Saturday BJT), has attracted a number of Chinese investors to bid, the 21st Century Business Herald reported, citing Cecil Williams, organizer of the charity auction.
Williams said that potential bidders from China had contacted him for more information about the auction, but that their names and information were undisclosed.
This year's bidding had reached $900,000 by Thursday evening (PST). Former auctions have shown that bids usually surge in the last few hours before the auctions.
The auctions began in 2000, and at least two Chinese investors have won since then. Duan Yongping, founder of BBK Electronics Corporation, won the 2006 bid at $620,100, and Zhao Danyang, manager of the Pureheart China Growth Investment Fund, won the 2008 bid at $1,680,300.
Reports said the anonymous winners in 2012 and 2013 might also be from China.
Warren Buffett has won large numbers of Chinese fans for his successful investment philosophy.
Related Stories
Buffett at Berkshire Hathaway's shareholder's meeting 2014 2014-05-04 10:54
Alibaba founders set up charity fund with praise from Gates and Buffett 2014-04-26 07:20
Buffett's bonus 2014-03-24 07:22
Buffett denies interest in buying Suntech 2013-05-08 10:07
Buffett buys into Heinz 2013-05-06 07:13
Today's Top News
Vets flock to Normandy to remember D-Day
G7 'deeply concerned' about S China Sea tensions
Ukraine tightens control on border
Silk Road offers Sino-Arab blueprint
Clinton 'loves to see' female leader
US says to work with Egypt's president-elect
Oversight of military firms on rise in China
Abbott aiming to mend ties with Jakarta
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Long march to end employment bias |
Variety is the spice of academic life |
Documents prove the truth can't be buried |
Race to remember story of resistance |
Strait talking: From enemy to friend |
Welcome to the world’s largest garbage dump |