 鲜花( 1)  鸡蛋( 0)
|
The "Oracle of Omaha" has spoken again, and this time a Chinese suit maker is reaping the rewards.% H9 n; _( x5 j& u& M
3 ~8 _9 [( Z- i
o2 W( L+ M4 s) PShares in Dayang Trands have soared by more than 70 percent in less than a month since billionaire Warren Buffett said he and Microsoft founder Bill Gates, the world's two richest men, wore the company's suits.
' X( p* f2 a. N6 |' H M) L0 z$ x
"I have to tell you that I now have nine suits all made in China. I threw away the rest of my suits," the 79-year-old Buffett said in a video posted on the website of Dayang Trands, based in the northeastern port city of Dalian.
. s: F1 M/ R. P5 t/ D2 F
?: l% |" Z _' w* g! d- {Since the video was posted on August 25, the company's shares have surged nearly 72 percent -- from 8.55 yuan then to a close of 14.67 yuan on Thursday.3 W, K! S+ Y7 M" |/ m0 {/ W; r
$ D, r5 T* D, G* _: G# m"It's been a long time since I got compliments on how I looked. But since I'm wearing Madam Li's suits, I get compliments all the time," Buffett said in the video, referring to Dayang's chairwoman Li Guilian.. K$ d' b2 z- [5 H/ E0 _) ~
0 j; m1 M8 r) Y4 ^8 _$ K- e( H
"So maybe Bill and I could start a clothing store and ... if we sold suits made by Dayang Trands, someday we might even be rich, who knows?"3 q& a# e! a% K8 {6 }
! n2 x" D0 J/ y3 s
According to Forbes magazine Gates and Buffett have net worth of 40 billion and 37 billion dollars, respectively.
( I1 R3 C7 w/ Q) j
7 ~; \" R3 u. q) n4 p) D9 e% ~Dayang Trands said in a statement filed with the Shanghai stock exchange Wednesday that Buffett was only a client -- not an investor -- and the video was recorded to congratulate the company on its 30th anniversary.9 _' H! j7 x6 M4 D7 j; C
) Z* q8 Y% y$ h# K! K
Apart from that, the company "does not have any disclosable business relationship" with the US billionaire investor or his firm Berkshire Hathaway, the statement said.$ o) K7 j/ d7 H7 Y
" f4 U7 \* r: h
Dayang Trands has 20 outlets in 11 cities across China.
, ^6 z. }1 g9 d4 N/ D- V" T4 G7 Q8 C2 L6 ~
Buffett is known as the "Oracle of Omaha" for his astute investment decisions. In China, he has been dubbed the "God of Stocks". |
|