Cyprus Mail
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Berkshire Hathaway sells $25.8 mln worth of shares in BYD

byd

Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co (002594.SZ) for HK$201.73 million ($25.78 million), a stock exchange filing showed.

The sale on Oct. 25 lowered Berkshire’s holdings in BYD’s issued H-shares to 7.98 per cent from 8.05 per cent, the filing to the Hong Kong stock exchange on Tuesday showed.

($1 = 7.8238 Hong Kong dollars)

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