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20 Nov
14:27

Foxtron's stock price wobbles on first trading day

Foxtron Vehicle Technologies, an electric vehicle joint venture between Taiwanese manufacturers Hon Hai Precision (Foxconn) and Yulon Motor’s Haitec, saw its shares dip as much as 9% on its debut on Monday. The company raised TWD 7.5 billion ($235 million) during the initial public offering on the Taiwan Stock Exchange’s (TWSE) Taiwan Innovation Board (TIB). Losses shrunk during its first trading day (20 November), closing the inaugural performance do…
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