Berkshire Hathaway Cuts Stake in China's BYD to Below 5%

WARREN BUFFETT - NEW YORK. Warren Buffett's Berkshire Hathaway reduced its stake in BYD to below 5%, in what could be the final time Berkshire discloses stock sales in China's largest producer of electric vehicles.

Berkshire lowered its stake in BYD's issued H-shares to 4.94% from 5.06% on July 16, according to a Monday filing with the Hong Kong Stock Exchange. The stake had been 7.02% as recently as June 11.