Berkshire Hathaway: Berkshire sells 1.3 million BYD H-shares for $47 million

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Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of BYD, the biggest Chinese electric-vehicle maker, for around HK$370 million ($47.15 million), according to a filing.

Berkshire reduced its holding to 19.92% from 20.49% of BYD’s total issued H shares after the sale of the shares,the filing on Hong Kong Stock Exchange showed on Tuesday.

BYD and Berkshire did not immediately respond to requests for comment

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