Warren Buffett’s Berkshire Hathaway cuts stake in Chinese automaker BYD

HONG KONG-warren buffetThe investment firm said it sold shares of the Chinese electric vehicle maker BYD for about $46 million.

Berkshire Hathaway sold 1.33 million shares of Hong Kong-listed BYD last Wednesday at an average of HK$277.10 per share, or about $35 per share, according to a Hong Kong stock exchange filing.


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