Berkshire Hathaway, the investment company owned by Warren Buffett, sold 2.53 million Hong Kong-listed shares of electric vehicle maker BYD Company on June 19, at an average price of HK$266.85, according to a filing to the Hong Kong Stock Exchange.
The shares sale lowered Berkshire’s holdings in BYD’s issued H-shares to 8.98% from 9.21%, showed the filing.