Berkshire Hathaway sells 1.1 mln H-shares in China’s BYD

Mon Jan 09 2023
Austin Collins (552 articles)
Berkshire Hathaway sells 1.1 mln H-shares in China’s BYD

Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$191.44 ($24.52) per share, a stock exchange filing showed.

The sale lowered Berkshire’s holdings in BYD’s total issued H-shares to 13.97% on Jan. 3 from 14.06%, a filing to the Hong Kong Stock Exchange showed on Monday.

Austin Collins

Austin Collins

Austin Collins is our Europe, Asia, & Middle East Correspondent. He covers news related to Stock Market. In past he has worked for many prestigious news & media organizations. He is based in Dubai