China EV Maker Voyah Falls 13% in HK Debut Without Fresh Funds
Voyah Automobile Technology Co., the luxury electric vehicles arm of Dongfeng Motor Group, fell 13% in its trading debut in Hong Kong after a listing that didn’t involve selling new shares or raising funds.
The shares ended at HK$6.5 apiece on Thursday, compared with an opening price of HK$7.50, after falling to as low as HK$6.25 in early trading.