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Berkshire Hathaway sells $39.8 mln of shares in China's BYD
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Berkshire Hathaway sells $39.8 mln of shares in China's BYD
Jun 17, 2024 3:06 AM

BEIJING, June 17 (Reuters) - Berkshire Hathaway, the

investment company owned by Warren Buffett, has sold 1.3 million

Hong Kong-listed shares of electric vehicle maker BYD

for HK$310.5 million ($39.8 million), a

stock exchange filing showed on Monday.

The sale on June 11 lowered Berkshire's holdings in BYD's

issued H-shares to 6.90% from 7.02%, the filing to the Hong Kong

stock exchange showed.

(Reporting by Ella Cao, Ethan Wang and Donny Kwok

Editing by David Goodman

)

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