![Berkshire Hathaway: Berkshire sells 1.three million BYD H-shares for $47 million Berkshire Hathaway: Berkshire sells 1.three million BYD H-shares for $47 million](https://bestinvestmentsnow.com/wp-content/uploads/https://img.etimg.com/thumb/msid-93880035,width-1070,height-580,imgsize-61194,overlay-etmarkets/photo.jpg)
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Berkshire Hathaway Inc, the funding agency owned by Warren Buffett, has bought 1.33 million Hong Kong-listed shares of BYD, the most important Chinese language electric-vehicle maker, for round HK$370 million ($47.15 million), in accordance with a submitting.
Berkshire decreased its holding to 19.92% from 20.49% of BYD’s complete issued H shares after the sale of the shares,the submitting on Hong Kong Inventory Change confirmed on Tuesday.
BYD and Berkshire didn’t instantly reply to requests for remark
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