Buffett again sold BYD H shares, reducing his shareholding from 9.21% to 8.98%.
Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! According to CTOnews.com on June 26, Buffett sold 2.53 million BYD H shares at 266.85 Hong Kong dollars (currently about 245 yuan) per share, reducing his shareholding from 9.21% to 8.98%.
Buffett's Berkshire Hathaway reduced its holdings by 2.5325 million shares on June 19, to an average price of HK $266.85 per share, with a total value of about HK $676 million (currently about 620 million yuan), according to HKEx filings.
This is the 12th time that the Hong Kong Stock Exchange has disclosed that Buffett has reduced his stake in BYD H shares. As of June 19, Berkshire Hathaway still held about 9860.31 million BYD H shares.
As of the press release of CTOnews.com, BYD's Hong Kong shares were quoted at HK $254.60 per share, with a market capitalization of HK $806.079 billion, while BYD's A shares were quoted at HK $262.89 per share, with a market capitalization of 742.972 billion yuan, all down to a certain extent.