Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 million), a stock exchange filing showed.
The sale lowered Berkshire’s holdings in BYD’s total issued H-shares to 16.62% on Nov. 8, down from 17.15%, Friday’s filing to the Hong Kong Stock Exchange showed, reports Reuters.
Last week Berkshire Hathaway sold H-shares worth HK$560 million.
