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Berkshire Hathaway sells $58.9 million worth of shares in China's BYD

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HONG KONG : 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

HONG KONG : 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 , a stock exchange filing showed.

The sale on May 2 lowered Berkshire's holdings in BYD's issued H-shares to 9.87 per cent from 10.05 per cent, the filing to the Hong Kong stock exchange on Monday showed.

 

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