HONG KONG (XFN-ASIA) - Billionaire global investor Warren Buffett sold 45.14 mln shares or a 0.22 pct stake in PetroChina Co Ltd on Sept 13, reducing his personal stake in the Hong Kong-listed Chinese oil company to 7.99 pct from 8.21 pct, according to a stock exchange disclosure.
Buffett, the chief executive officer of Berkshire Hathaway Inc (OOTC:HWYI) (NYSE:BRK A) , sold the shares at an average price of 11.26 hkd per share for a total of 508 mln hkd.
Buffet also sold 28 mln shares in PetroChina on Sept 6.
In today's trade, PetroChina was up 0.68 hkd or 4.84 pct at 14.74.
(1 usd = 7.8 hkd)
