BYD Crashed Nearly 11% in Morning Trading After Berkshire-Sized Stake Appeared in Clearing System

Tiger Newspress2022-07-12

BYD crashed nearly 11% in morning trading after Berkshire-sized stake appeared in clearing system.

A stake matching the size of Berkshire Hathaway Inc.’s position in the Chinese electric-car giant appeared in Hong Kong’s clearing system, fueling speculation that Warren Buffett’s company may be adjusting its holdings.

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