Subject: Byd sales continue
Warren Buffett's Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) has sold 4.235M Hong Kong-listed shares of electric vehicle maker BYD (OTCPK:BYDDF) for HK$1.09B ($139M), according to a filing with the Hong Kong Stock Exchange, Reuters reported Thursday.
As per the filing, the transaction lowered Berkshire's holdings in BYD's total issued H-shares to 11.87% on Feb 3, down from prior 12.26%.
Looking at the stock performances so far this year, BRK.A is fractionally down whereas BYDDF has gained ~19%.