A BYD executive said this was a normal occurrence and expressed gratitude to Munger and Buffett for their recognition of BYD.
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Category: Warren Buffett
Under Hong Kong Stock Exchange rules, when an organization's shareholding in a Hong Kong-listed company drops to less than 5 percent, it can no longer continue to disclose its holdings.
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This is the second time this month that Berkshire's reduction of BYD stock has been disclosed.
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