Berkshire Hathaway Accelerates Sales of China's BYD
BEIJING/NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway has accelerated its selling of shares in BYD, China's largest seller of electric vehicles. Berkshire reduced its stake in BYD's issued H-shares to 5.99% on June 19, according to a Tuesday filing with the Hong Kong stock exchange. The stake had been 7.02% as recently as June 11.