Retail Auto was officially listed on the Hong Kong Stock Exchange on September 29th, 2022. The opening price is HK$ 465,438+0 per share, which is over 65,438+04% lower than the issue price of HK$ 48. On the first day of listing, the share price of the zero-run car suffered a break, once falling by nearly 20%. The market value of retail cars is about HK$ 37.8 billion.
It is reported that the decline in the retail capital market is one of the reasons for the decline in its share price. In addition, the zero run did not catch up with the best IPO moment.