Buffett sale sparks PetroChina concerns

Warren Buffett's move to cut his stake in PetroChina indicates the Chinese stock market is overvalued and the oil company's prospects are getting less exciting, according to US fund managers.

Stake sale: investor Warren Buffett
Stake sale: investor Warren Buffett
Published 13 September 2007, 01:07Updated 7 October 2016, 07:16
Asia & Oceania