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

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Updated: Jan 9, 2023, 10:07 UTC

HONG KONG (Reuters) - 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.

HONG KONG (Reuters) – 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.

($1 = 7.8068 Hong Kong dollars)

(Reporting by Meg Shen; editing by Jason Neely)

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