According to @CNBC, autonomous driving firm Pony.ai fell 12% on its Hong Kong market debut as trading began.

According to @ReutersBiz, shares of Joby Aviation, ticker JOBY, fell as much as 12% after the company sold more than 30 million shares at a price about 11% below where the stock was trading, indicating immediate pressure from the discounted equity sale (source: @ReutersBiz). According to @ReutersBiz, the move followed the discounted pricing and coincided with an intraday slide that highlights elevated execution and supply overhang risks for near-term trading in JOBY stock (source: @ReutersBiz). According to @ReutersBiz, no direct cryptocurrency market linkage or token exposure was reported in connection with this transaction (source: @ReutersBiz).