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sportybet quickteller id On Tuesday BYD responded to recent speculation that its major shareholder Warren Buffett is set to sell his huge stake in the Chinese electric vehicle giant. BYD said there was no public information available regarding the reported move. Reports highlighting that a stake equivalent in size to Berkshire Hathaways holdings in BYD had appeared in Hong Kongs clearing system sent the car companys shares into a fall of 11.9% to HK0.2 on the Hong Kong stock exchange on Tuesday. Berkshire was BYDs fourth-biggest shareholder as of last year, with a 7.73% stake in the firm, according to regulatory filings. [Jiemian, in Chinese]

sportybet quickteller id Dutch officials are planning to restrict China’s access to edge-cutting chip technologies and equipment as part of a deal with US officials, sources familiar with the matter have told Bloomberg. The curbs under discussion could be implemented as soon as next month, according to Bloomberg sources. The move could affect key Netherlands-based chipmaking equipment supplier ASML, whose products are critical for most advanced chips. US officials unveiled new chip export bans on China in October, leading ASML to instruct its employees to stop serving Chinese clients. According to ASML, 5% of its undelivered orders will be affected by the US’s new export controls. [Bloomberg]