Berkshire Hathaway’s sale of its entire stake ends an investment in the Chinese carmaker that has yielded more than 20-fold over 17 years

Berkshire Hathaway has completed exited its extremely profitable equity investment in the Chinese electric vehicle maker BYD.

Berkshire Hathaway whittles its holding in the Chinese EV maker back to zero amid slowing sales and shrinking profits.

Berkshire Hathaway’s sale of its entire stake ends an investment in the Chinese carmaker that has yielded more than 20-fold over 17 years

Berkshire Hathaway exits longtime stake in Chinese EV maker BYD, ending 17 years of Buffett backing amid shrinking profits and rising competition.

Berkshire Hathaway’s sell-off leaves car giant BYD’s shares down 29pc from May highs