Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
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The Wall Street Journal
Battery Maker CALB Falls in Hong Kong Debut — Chinese electric-vehicle battery maker CALB Co. fell in its Hong Kong trading debut, becoming the latest newly listed company in the Asian financial hub to struggle with a cooling equities market.Virgin Atlantic Quitting Hong Kong Deals Blow to Aviation Hub’s Revival — Hong Kong faces hurdles in reopening despite easing Covid-zero border restrictions; airline blames closure of Russian airspace.
The Financial Times
Chinese battery group spun off from missile maker falls on trading debut — CALB’s IPO marks latest lukewarm reception for Chinese companies li
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