China's Ganfeng Lithium set to open down 7 percent
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HONG KONG, Oct 11 (Reuters) - China's top lithium producer Ganfeng Lithium was set to open down 7 percent on its Hong Kong debut, a warning sign to fellow Shenzhen-listed counterpart Tianqi Lithium which is also planning a listing in the city.
Shares of Ganfeng, a supplier to Tesla and BMW , were set to open at HK$15.30 on Thursday, below its offer price of HK$16.50 ($2.11), which was already at the bottom of an indicative range.
($1 = 7.8367 Hong Kong dollars) (Reporting by Julia Fioretti and Donny Kwok; Editing by Michael Perry)
