Berkshire Hathaway sells US$80.7 million of shares in China's BYD

HONG KONG: Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 3.23 million Hong Kong-listed shares of electric vehicle maker BYD for HK$630.33 million (US$80.67 million), a stock exchange filing showed.

The sale lowered Berkshire's holdings in BYD's total issued H-shares to 15.99 per cent on Nov 17, down from 16.28 per cent, a filing to the Hong Kong Stock Exchange showed on Tuesday (Nov 22).