Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows

FILE PHOTO: BYD's Atto 3 electric SUV car is displayed during its launch in New Delhi

HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 million), a stock exchange filing showed.

The sale lowered Berkshire’s holdings in BYD’s total issued H-shares to 16.62% on Nov. 8, down from 17.15%, Friday’s filing to the Hong Kong Stock Exchange showed.

Last week Berkshire Hathaway sold H-shares worth HK$560 million.

($1 = 7.8414 Hong Kong dollars)

(Reporting by Twinnie Siu; Editing by David Goodman)

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims