Berkshire Hathaway sells $44.9 million of shares in China's BYD

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Berkshire Hathaway sells $44.9 million of shares in China's BYD
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HONG KONG : Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.55 million Hong Kong-listed shares of electric vehicle maker BYD for HK$351.81 million ($44.85 million), a stock exchange filing showed.The sale lowered Berkshire's holdings in BYD's issued H-shares to 12.9 per cen

HONG KONG : Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.55 million Hong Kong-listed shares of electric vehicle maker BYD for HK$351.81 million , a stock exchange filing showed.

The sale lowered Berkshire's holdings in BYD's issued H-shares to 12.9 per cent on Jan. 27, down from 13.04 per cent, the filing to the Hong Kong Stock Exchange showed on Thursday.

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