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Berkshire Hathaway Sells US$ 25.8 Million Worth of Shares in China's BYD

October 31, 2023, 11.03 PM | Source: Reuters
Berkshire Hathaway Sells US$ 25.8 Million Worth of Shares in China's BYD

ILUSTRASI. Berkshire Hathaway CEO Warren Buffett talks to reporters prior to the Berkshire annual meeting in Omaha, Nebraska May 2, 2015. Berkshire Hathaway Sells US$ 25.8 Million Worth of Shares in China's BYD


WARREN BUFFETT - HONG KONG - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co for HK$201.73 million (US$ 25.78 million), a stock exchange filing showed.

The sale on Oct. 25 lowered Berkshire’s holdings in BYD’s issued H-shares to 7.98% from 8.05%, the filing to the Hong Kong stock exchange on Tuesday showed.

(US$1 = 7.8238 Hong Kong dollars)

Editor: Noverius Laoli

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