Berkshire trims stake in China’s BYD H-shares worth HK$560 million

News



© Reuters. FILE PHOTO: BYD’s Atto 3 electric SUV car is displayed during its launch in New Delhi, India, October 11, 2022. REUTERS/Adnan Abidi

HONG KONG (Reuters) – Berkshire Hathaway (NYSE:) Inc, the investment firm owned by Warren Buffett, has sold 3.297 million Hong Kong-listed shares of electric vehicle maker BYD for HK$560.05 million ($71.35 million), according to a filing on Friday.

The sale lowered Berkshire’s holdings in BYD’s total issued H shares to 17.92% on November 1 from 18.22%, the filing to the Hong Kong Stock Exchange showed. ($1 = 7.8498 Hong Kong dollars)

Leave a Comment

Leading the way

Let's build a better world together

Project planning
Design expertise
Great qualifications

Nullam vestibulum finibus sapien, id consequat mauris tempus auctor.

Locations

90 Newport St., Natick, MA 01760

83 Taylor Street, Kings Mountain, NC 28086

22 Birch Hill St., Villa Rica, GA 30180

Support requests

support@construction.com

Nullam scelerisque leo felis, quis congue mauris tristique in. Suspendisse pulvinar, felis eu facilisis mattis, turpis odio luctus nisi, et ultrices velit enim quis lacus.

Request a quote

[Insert your contact form here]

Construction

Vivamus vehicula dictum elit at bibendum. Etiam finibus eros ut urna auctor ullamcorper. Sed at erat eget nisl rutrum ultrices sed eu ex.

Newsletter

Sign up to receive the latest news and trends from our company.

More questions? Get in touch