Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYD
Reuters
Dec 31, 2022, 05:16 PM
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD for HK$267.69 million ($34.43 million), a stock exchange filing showed.
The sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95% on Dec. 8, down from 15.07%, according to a filing to the Hong Kong Stock Exchange on Tuesday.
($1 = 7.7745 Hong Kong dollars)
(Reporting by Twinnie Siu and Meg Shen; Editing by Louise Heavens)
Related News
Latest Cars
Upcoming Cars
Trending News
Latest News
Jafar Rizvi | Dec 1, 2025New Harley Davidson X440T Unveiled Ahead Of LaunchThe X440T gets a revised rear-end, while carrying the same look as the X440 motorcycle.1 min read
Jafar Rizvi | Dec 1, 20252025 India Bike Week Venue Changed: To Be Held In PanchganiAfter weeks of uncertainty, 2025 IBW will be held at a new venue On December 19, 20.2 mins read
car&bike Team | Dec 1, 2025BYD Sealion 7 Prices To Be Hiked From January 1, 2026The company has not given a reason for the price hike, however, we suspect it’s in line with the auto industry’s trend of increasing prices at the start of a new year.1 min read
car&bike Team | Dec 1, 20252026 Kia Seltos Teased Ahead Of Debut On December 10The Seltos for its second-generation gets a complete exterior overhaul.1 min read
car&bike Team | Dec 1, 2025Boman Irani, Classic Legends Win Yezdi Trademark CaseThe Karnataka High Court has restored the Yezdi trademark in favour of Boman R. Irani and Classic Legends Pvt Ltd, ruling that Ideal Jawa (India) Ltd had “abandoned” the usage of the trademark “Yezdi.”3 mins read
Bilal Firfiray | Nov 30, 2025Mahindra XEV 9s vs Kia Carens Clavis EV: Spec ComparisonYou have a new choice in the form of the Mahindra XEV 9s if you are looking to buy a three-row electric vehicle. But there was already one in the market with that trait in the form of the Kia Clavis EV.2 mins read
Seshan Vijayraghvan | Nov 29, 2025Mahindra XEV 9S First Drive Review: Big Electric SUV, Bigger ExpectationsThe XEV 9S lands at a time when the EV crowd is growing fast. It’s a big, born-electric, three-row SUV that starts under 20 lakh. It sits close to the XUV700 in size, but the brief is very different. Here’s what it’s like on the road.11 mins read
Bilal Firfiray | Nov 26, 2025Tata Harrier EV vs Mahindra XEV 9e: Battle Of India’s Electric TitansWhen India made two electric SUVs battle it out, the winner is the buyer. They get a choice to take home what’s best suited for them – and read on to find out which one is better for YOU.1 min read
Janak Sorap | Nov 19, 2025Hero Xpulse 210 Vs Kawasaki KLX 230 Comparison Review: Dual-Sport DilemmaWith a price difference of just Rs 12,000, which of the two dual-sport motorcycles is meant for you?1 min read
Jaiveer Mehra | Nov 17, 20252025 Toyota Land Cruiser 300 Review: Beast From The EastThe Land Cruiser name may have a long and storied history, but does it fit the bill for an Rs 2 crore-plus SUV in India?13 mins read
Seshan Vijayraghvan | Nov 17, 2025Kia Syros 1.0 Turbo Petrol: 6000 km Long-Term Review – Final Report!I lived with the Syros for more than 6000 km, over 3 months, and in this final report, I am going to talk about the Pros, the Cons, and everything in between.1 min read