Shares of Chinese electric car maker BYD plunge after Warren Buffett cut its stake

Shares of Chinese electric car maker BYD plunge after Warren Buffett cut its stake

Hong Kong-listed BYD shares fell on Wednesday after Warren Buffett’s Berkshire Hathaway cut its stake in the Chinese electric car maker — and one fund manager said that could be a warning sign of more to come. The giant group slightly reduced its shares from 20.04% to 19.92%, according to a filing on the Hong …

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