Eacon jumps 14% in Hong Kong debut

Eacon Mining Technology, a CATL-backed autonomous mining truck firm, surged 14% to HK$100.6 on its Hong Kong debut, giving it a market value of HK$14.8 billion. The company raised HK$2.3 billion from its IPO, which was oversubscribed 157.82 times. Eacon has deployed 2,580 active autonomous mining trucks and holds a 55.5% share of China's mining-site autonomous driving market.