BYD shares declined 5.6 per cent in Hong Kong and 7.5 per cent in Shenzhen on Wednesday. Photo: Reuters
Li Lu of Himalaya Capital, who introduced Buffett’s Berkshire to BYD, dumps Chinese EV maker’s shares for US$309 million
- Himalaya Capital sold 10.8 million of H shares last week for about HK$2.44 billion (US$309 million), according to filings
- Li, who introduced BYD to Buffett’s Berkshire, has trimmed his stake to 6 per cent while investing legend stays the course
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BYD
BYD shares declined 5.6 per cent in Hong Kong and 7.5 per cent in Shenzhen on Wednesday. Photo: Reuters
