Berkshire Hathaway sells $34.4 million worth of shares in China's BYD – CNA

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FILE PHOTO: The logo of BYD is pictured at the 2022 Paris Auto Show in Paris, France October 17, 2022. REUTERS/Stephane Mahe
HONG KONG : Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD for HK$267.69 million ($34.43 million), a stock exchange filing showed.
The sale lowered Berkshire’s holdings in BYD’s total issued H-shares to 14.95 per cent on Dec. 8, down from 15.07 per cent, according to a filing to the Hong Kong Stock Exchange on Tuesday.
($1 = 7.7745 Hong Kong dollars)

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