Berkshire Hathaway sells $80.7 million of shares in China’s BYD

HONG KONG (Reuters) – Berkshire Hathaway (NYSE:), the investment company owned by Warren Buffett, has sold 3.23 million Hong Kong-listed shares of electric vehicle maker BYD for HK$630.33 million ($80.67 million), a stock exchange filing showed.

The sale lowered Berkshire’s holdings in BYD’s total issued H-shares to 15.99% on Nov. 17, down from 16.28%, a filing to the Hong Kong Stock Exchange showed on Tuesday.

($1 = 7.8141 Hong Kong dollars)

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