The onewo share dropped from it's it's offer price.
The offer price is 49.35 Hong Kong dollar($6.29) per share in the early trade,
Leapmotor's stock likewise declined in comparison to its offer price of 48 Hong Kong dollars per share.
Leapmotor raised 6.06 billion Hong Kong dollars ($771.7 million)
, while Onewo, a unit of real estate developer China Vanke, raised 5.6 billion Hong Kong dollars ($713.5 million).
The onewo share dropped from it's it's offer price.