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Stocks A to Z / Stocks B / BYD (BYDDY)
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Author: nola622   😊 😞
Number: of 113 
Subject: Re: More BYD sold
Date: 04/13/2023 11:02 AM
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Berkshire Hathaway, the investment firm controlled by US billionaire Warren Buffett, continued to trim its stake in BYD, selling 2.48 million shares in the Chinese electric-vehicle (EV) maker last month, at least the 10th reduction since August.

The shares were sold for HK$539.8 million (US$68.8 million) on March 31 at an average price of HK$217.67 per share, according to stock exchange data.


Like a broken record I will once again point out that the filing shows BHE sold 10,597,500 BYD shares (HK:1211), not the 2.48m shares quoted in the press, which was just the amount traded on the day triggering the filing requirement (the day they crossed over another whole number in percentage ownership of this specific share class). So closer to $300 million USD worth.

https://di.hkex.com.hk/di/NSAllFormList.aspx?sa2=a...

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