Dongshan Precision Drops on Hong Kong Debut
Chinese printed circuit board maker Suzhou Dongshan Precision Manufacturing dropped 2.1 percent in its Hong Kong trading debut after raising 1.26 billion dollars in its share sale. The weak debut comes amid a global tech rout driven by concerns over AI spending.
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SUZHOU DONGSHAN PRECISION-A shares fell 2.1% during their Wednesday morning trading debut in Hong Kong. The printed circuit board maker dropped despite raising $1.26B in its share sale. The weak entry reflects cooling investor enthusiasm for the artificial intelligence supply chain across Asian markets.
