Berkshire Hathaway sells US$25.8 million worth of shares in China's BYD
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan/File Photo
HONG KONG : Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co for HKUS$201.73 million (US$25.78 million), a stock exchange filing showed.
The sale on Oct. 25 lowered Berkshire's holdings in BYD's issued H-shares to 7.98per cent from 8.05per cent, the filing to the Hong Kong stock exchange on Tuesday showed.
(US$1 = 7.8238 Hong Kong dollars)
(Reporting by Twinnie Siu; Editing by Louise Heavens)
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