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Berkshire Hathaway sells HK$310.5 million of shares in China’s BYD

by Sarkiya Ranen
in Technology
Berkshire Hathaway sells HK0.5 million of shares in China’s BYD
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BERKSHIRE Hathaway, the investment company owned by Warren Buffett, has sold 1.3 million Hong Kong-listed shares of electric-vehicle maker BYD for HK$310.5 million (S$53.8 million), a stock exchange filing showed on Monday (Jun 17).

The sale on Jun 11 lowered Berkshire’s holdings in BYD’s issued H-shares to 6.9 per cent from 7.02 per cent, the filing to the Hong Kong stock exchange showed. REUTERS



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Tags: BerkshireBYDChinasHathawayHK310.5MillionSellsShares
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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