Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.96 million Hong Kong-listed shares of electric vehicle maker BYD for HK$462.09 million ($58.9 million), a stock exchange filing showed. The sale on May 2 lowered Berkshire’s holdings in BYD’s issued H-shares to 9.87% from 10.05%, the filing to the Hong Kong stock exchange on Monday showed. ($1 = 7.8479 Hong Kong dollars)
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Berkshire Hathaway offloads $58.9m BYD shares in China
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Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.96 million Hong Kong-listed shares of electric vehicle maker BYD for HK$462.09 million ($58.9 million), a stock exchange filing showed.
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Susan Jane
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Reuters
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