China Economic Review
Charting China’s changing economic terrain · Since 1990

Berkshire Hathaway sells another chunk of BYD stake

February 13, 2023

Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.09 billion ($139 million), a stock exchange filing showed, reports Reuters.

The sale on February 3 lowered Berkshire’s holdings in BYD’s issued H-shares to 11.87% from 12.26%, the filing to the Hong Kong Stock Exchange on Thursday showed.

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