Berkshire Hathaway sells $138.9 mln of shares in China's BYD

Reuters

Updated: 09-02-2023 14:53 IST | Created: 09-02-2023 14:45 IST

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Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.09 billion ($139 million), a stock exchange filing showed.

The sale on February 3 lowered Berkshire's holdings in BYD's issued H-shares to 11.87% from 12.26%, the filing to the Hong Kong Stock Exchange on Thursday showed.

($1 = 7.8497 Hong Kong dollars)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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