Can Berkshire Hathaway without Warren Buffett remain a ‘north star’ for China’s investors?

For decades, thousands of Chinese investors made pilgrimages each spring to Omaha, in the central US state of Nebraska, treating Warren Buffett’s shareholder meetings for investment firm Berkshire Hathaway less as corporate briefings than as audiences with an oracle.Buffett’s retirement as CEO, effective January 1, ended a 60-year run at the helm of the global conglomerate. Though he remains chairman, he was succeeded as chief executive by Greg Abel, who joined Berkshire in 1999 and had run its non-insurance businesses since 2018.With Buffett stepping back, the question hanging over the investment firm is whether it can continue to inspire devotion like Buffett did with his value-investing approach. Market analysts said that while the legendary investor’s own status could be hard to replace, Berkshire’s case remained firmly intact – but not without tweaks to its tactics.