BYD, China’s biggest carmaker by market valuation, is looking to list its chipmaking arm in Shenzhen. © Getty Images
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 2.48 million Hong Kong-listed shares of electric vehicle maker BYD for HK$539.93 million ($68.78 million), a stock exchange filing showed.
The sale on March 31 lowered Berkshire’s holdings in BYD’s issued H-shares to 10.90% from 11.13%, the filing to the Hong Kong stock exchange on Tuesday showed.
Reuters
Printed by Unregistered user on Thu, 20 Apr 2023 22:42:08 GMT
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