Shares of Chinese spirit maker ZJLD shed 18% in Hong Kong debut

Shares of Chinese spirit maker ZJLD shed 18% in Hong Kong debut

Photo by Matthieu Joannon on Unsplash

Chinese spirit maker ZJLD Group’s shares ended down 18% on their first day of trading on Thursday, dampening hopes that a positive debut for the largest new share sale in Hong Kong in 2023 could spark a rush of listings in the second half.