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NightAirdropper · 2026-03-20T11:54:20+00:00

Lantu Automobile was listed on the Hong Kong Stock Exchange on March 19, becoming the first central state-owned enterprise specializing in high-end new energy vehicles to go public in Hong Kong. The opening price was HK$7.5, and it closed at HK$6.51, a decline of 13.2%. The company adopted an introduction listing model with no new share issuance. Its parent company, Dongfeng Group, was recently delisted and has completed privatization.

NightAirdropper

2026-03-20 11:54:20

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Guanjia.com News: On March 19, Lantu Auto was listed on the Main Board of the Hong Kong Stock Exchange, becoming the first centrally owned high-end new energy vehicle manufacturer to go public in Hong Kong. The stock opened at HKD 7.5 and closed at HKD 6.51, a decline of 13.2%, with a total market value of HKD 23.957 billion. The company used a listing introduction model, which does not involve new share issuance or fundraising.

According to public information, Lantu Auto’s parent company, Dongfeng Motor Corporation, was delisted from the Hong Kong Stock Exchange the day before. On March 11, Dongfeng Motor Corporation was suspended from trading, with a last quote of HKD 9.54. On August 22, 2025, it was announced that Dongfeng Motor Corporation would privatize at HKD 10.85 per share, with HKD 6.68 in cash and HKD 4.17 in Lantu equity. After privatization, Lantu Auto was simultaneously listed.

Disclaimer: The content and data of this article are compiled by Guanjia based on public information and do not constitute investment advice. Please verify before use.

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