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REVEALED: Buffett s berkshire hathaway trims stake in china s byd | Rare Historical Photos

BYD Berkshire Warren Buffett China BYD Co

Warren Buffett's investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. for about $46 million.

Berkshire Hathaway Inc. sold 1.33 million of BYD's Hong Kong-listed shares last Wednesday at an average of 277.10 Hong Kong dollars a share, equivalent to around $35 a share, according to a filing to the Hong Kong Stock Exchange.

The sale, which came days before the car maker said its January-June profit tripled compared with a year ago, reduced Berkshire's holdings in BYD from 220 million shares to 218.7 million shares, according to the filing.

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