HONG KONG—Warren Buffett’s investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. for about $46 million.
Berkshire Hathaway Inc. sold 1.33 million of BYD’s Hong Kong-listed shares last Wednesday at an average of 277.10 Hong Kong dollars a share, equivalent to around $35 a share, according to a filing to the Hong Kong’s stock exchange.
I think Buffet knows China is on decline from now due to their leadership
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