BYD stock drops amid Warren Buffett share sale, ru…

Shares in Chinese electric vehicle maker dropped as much as 12% in Hong Kong on Wednesday, wiping $10 billion from the firm’s valuation, after Warren Buffett reported that his firm had sold over 1 million shares in the company. Buffett’s Berkshire Hathaway has owned BYD shares since 2006 and earned a return of over $7 …

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