Hong Kong’s largest listing this year should have offered a no-brainer for local investors. China’s Tianqi Lithium raised about HK$13.5bn (US$1.7bn). As a play on the clean energy, electric vehicle narrative it looked a smart bet. A surprising 11 per cent plunge, in morning trade, for Wednesday’s debut offers a window into what other listing candidates in Hong Kong should expect.
香港今年以来规模最大的上市本应给当地投资者带来一个显而易见的投资机会。manbetx3.0 天齐锂业(Tianqi Lithium)此次上市筹资约135亿港元（合17亿美元）。作为一只清洁能源/电动汽车题材的股票，它看起来是一个明智的选择。该股在周三交易首日早盘意外下跌11%，这提供了一个窗口，让有意在港上市的其他公司知道自己可以有什么预期。
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