2013年11月28日星期四
dr dre beats signed a 20year oil deal with Sudan
Buffett further cuts petrochina stake Investor warren buffett further reduced
his stake in the listed shares of petrochina co.To 7.99 percent from 8.21
percent, according to a filing to beats
by dre solo the Hong Kong stock exchange Friday. Human rights activists and
some investors have urged buffett to cut ties with petrochina because of the
company's investments in sudan, where four years of bloodshed have left 200, 000
people dead. Petrochina's parent, china national petroleum corp., dr dre beats signed a 20year oil deal
with Sudan in June which activists believe helps Sudanese leaders resist
pressure over Darfur. This was the fourth time since july the omahabased company
has publicly disclosed its sales of listed shares in petrochina the biggest
listed chinese oil and gas producer by output. The latest sale came on sept.13
when Buffett's Berkshire Hathaway sold 45.14 million PetroChina H shares at an
average price of HK$11.26 each, the document showed.The total dr dre beats
uk sale was worth around hk$508.3 million($65.48 million). Analysts said
they were not surprised buffett sold down petrochina shares to lock in
profits.Shares of petrochina friday ended 4.8 percent at record HK$14.74. "I
expect buffett will continue to sell down its stake in petrochina to take
profits, given crude oil price is this high,"Said duncan chan, an analyst at
china construction bank international securities ltd. Oil prices rose back above
$83 a barrel friday, near record highs. Under hong kong exchange regulation,
only reduction or increase of shares across a whole percentage number needs to
be reported to the exchange.In between the disclosed sales, berkshire hathaway
has apparently been cutting its share capital holding in the company in sales
that do not require disclosure. Despite the recent share sales, berkshire
hathaway remains petrochina's secondlargest shareholder, after the company's
unlisted stateowned parent, china dr
dre national petroleum corp.
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