Shares of Leapmotor and Onewo tumble in Hong Kong debut

Shares of Leapmotor and Onewo tumble in Hong Kong debut

FILE PHOTO: The logo of Hong Kong Exchanges & Clearing Ltd. (HKEX) is seen at the financial Central district in Hong Kong, China September 14, 2020. REUTERS/Tyrone Siu

Hong Kong’s two largest completed IPOs of 2022, worth a combined $1.5 billion, closed deep in the red on their market debuts on Thursday, dampening prospects of a recovery in new share sales in the city for the rest of the year.

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