Berkshire Hathaway sells $34.4 mln worth of shares in China’s BYD

Berkshire Hathaway sells $34.4 mln worth of shares in China’s BYD

Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD (002594.SZ) 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% on Dec. 8, down from 15.07%, according to a filing to the Hong Kong Stock Exchange on Tuesday.

($1 = 7.7745 Hong Kong dollars)

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