ปู่บัฟ goes green แล้วWarren Buffett Stake Sends Chinese Battery Maker's Shares 42% Higher in Hong Kong
BYD closed at HK$11.90 today (Monday), up from Friday's close of HK $8.40 but still well below the stock's October high of just over HK$20. (The stock does not trade in the United States.)
Berkshire's MidAmerican Energy Holdings is getting its 10 percent stake for even less than Friday's close: just HK$8 each for 225 million newly issued shares. It will pay a total of HK$1.8B, or 230 million in U.S. dollars.
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