Berkshire Hathaway sells nearly $70m worth of shares in China's BYD

Berkshire Hathaway sells nearly $70m worth of shares in China's BYD

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

Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 2.48 million Hong Kong-listed shares of electric vehicle maker BYD for HK$539.93 million ($68.78 million), a stock exchange filing showed.