PetroChina shares at midday were down 22 cents, or 1.9 percent, at HK$11.14, after falling 2.1 percent earlier. Buffett has been under pressure to cut ties with the company because of its investments in Sudan.

Buffett’s Berkshire Hathaway Inc. sold 92.66 million PetroChina H shares — shares of a China-based company listed in Hong Kong — at an average price of HK$11.473 each on Aug. 29, according to a filing with the Hong Kong stock exchange Wednesday. The sale brought Berkshire Hathaway’s holding in PetroChina’s issued share capital to 9.72 percent, down from 10.16 percent.

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