Berkshire sells 1.3 million BYD H-shares for $47 million

Berkshire sells 1.3 million BYD H-shares for $47 million
Reuters
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Berkshire reduced its holding to 19.92% from 20.49% of BYD's total issued H shares after the sale of the shares,the filing on Hong Kong Stock Exchange showed on Tuesday.

Reuters
Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of BYD, the biggest Chinese electric-vehicle maker, for around HK$370 million ($47.15 million), according to a filing.

Berkshire reduced its holding to 19.92% from 20.49% of BYD's total issued H shares after the sale of the shares,the filing on Hong Kong Stock Exchange showed on Tuesday.

BYD and Berkshire did not immediately respond to requests for comment

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