The Hong Kong stock Hang Seng Index rose more than 1%, and zero-running cars fell nearly 37% on their first day of trading.

According to news from CTOnews.com on September 29, Zero was officially listed on the Hong Kong Stock Exchange today, with an opening price of HK $41 on its first day of trading, down more than 14% from its offering price of HK $48.

By the time Hong Kong stocks closed at noon, zero-running cars fell 36.88% to HK $30.3. On this basis, zero-running cars currently have a market capitalization of about 34.624 billion Hong Kong dollars (about 31.716 billion yuan).

▲ closed at noon and zero-running cars plummeted 36.88%.

In addition, the Hang Seng Index rose 1.25% to close at 17466.89 points, while the Hang Seng Technology Index rose 0.63% to close at 3548.5 points.

CTOnews.com learned that data show that zero running cars delivered a total of 43748 electric vehicles in 2021, an increase of 443.5 per cent over 2020. 51994 smart electric vehicles were delivered in the first half of 2022 and 265.3 per cent more than in the same period in 2021.

According to the prospectus, the operating income of Zero Motor from 2019 to 2021 is 117 million yuan, 631 million yuan and 3.132 billion yuan respectively, and the operating loss is about 730 million yuan, 869 million yuan and 2.868 billion yuan respectively.