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Berkshire Hathaway sells $138.9 million of shares in China’s BYD
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HONG KONG (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.09 billion ($139 million), a stock exchange filing showed.
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.09 billion ($139 million), a stock exchange filing showed.
The sale on February 3 lowered Berkshire’s holdings in BYD’s issued H-shares to 11.87% from 12.26%, the filing to the Hong Kong Stock Exchange on Thursday showed.
($1 = 7.8497 Hong Kong dollars)
(Reporting by Twinnie Siu; editing by Jason Neely)
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