• Shares of semiconductor startup BaTeLab fall in Hong Kong trading debut

    BaTeLab’s shares fell in their trading debut in Hong Kong, sliding below their initial offering price in a lackluster start for the Chinese semiconductor company backed by electric-vehicle giant BYD 1211, +3.12%.Shares of the Chinese integrated-circuit provider declined as much as 14% early on Thursday before paring losses. It was last down 2.8% at HK$26.70. The benchmark Hang Seng Index HK:HSIwas last up 1.6% at 16895.58.BaTeLab raised 412.05 million Hong Kong dollars (US$52.8 million) in

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