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Tianqi Lithium ends flat in biggest Hong Kong debut of 2022

The performance suggests investors remain wary of putting money into newly listed stocks in Hong Kong. ....

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Tianqi Lithium slumps in year's biggest HK debut

Tianqi Lithium Corp (天齊鋰業) fell as much as 11 percent in Hong Kong, following the largest share sale in the territory this year.
Its shares dropped to as low as HK$72.65 in early trading yesterday, before trimming losses.
The supplier of the key material used in batteries, already listed in China’s Shenzhen, sold the stock at HK$82 apiece in a secondary listing in Hong Kong. That was the top of a marketed range in an offering that raised about HK$13.5 billion (US$1.7 billion).
The slump suggests investors remain wary of putting money into newly listed stocks in Hong Kong. Three other companies ....

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