New Vision Co's stock plummeted 5.38% during intraday trading on Tuesday, following a disappointing market debut.
The Chinese automotive electronics supplier opened below its initial public offering price of HK$44.20, trading at HK$43.90 per share in what market observers described as a tepid Hong Kong debut.
The weak opening reflects investor concerns about the company's prospects in the current market environment, leading to continued selling pressure throughout the trading session.
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