Berkshire Hathaway reduces stake in China's BYD to under 5%

Berkshire Hathaway reduces stake in China's BYD to under 5%

BYD, China's biggest carmaker by market valuation, is looking to list its chipmaking arm in Shenzhen. © Getty Images

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.