HONG KONG -- Shares in BYD, China's biggest maker of electric vehicles, plunged nearly 8% on Wednesday, performing worse than any other stock on the benchmark Hang Seng Index, after filings showed Warren Buffett's Berkshire Hathaway trimmed its stake in the company.
Markets
BYD shares plunge as Warren Buffett trims stake in China EV maker
Stock in country's biggest electric car producer drops nearly 8%
Exchange filings show Warren Buffett’s Berkshire Hathaway has cut back its stake in Chinese electric car producer BYD. © Reuters
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