0700 GMT--BYD Co. is one of the most mentioned companies in the news over the past six hours, according to Factiva data, after Berkshire Hathaway Inc. said it has sold shares in the electric-vehicle maker. Berkshire Hathaway sold around $46 million worth of BYD shares, accounting for 0.6% of its stake before the sale. BYD shares fell by as much as 13% in Hong Kong on Wednesday, as investors took a sell cue from the sale by Warren Buffett's company, which bought a 10% stake in BYD in 2008 and has been rumored in recent weeks to have been selling down its stake. Dow Jones & Co. owns Factiva. (jacques.vanwersch@dowjones.com)


(END) Dow Jones Newswires

08-31-22 0315ET