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World Business Report

because the vietnamese electric car maker made its stock market debut on the nasdaq on tuesday and it was day to remember. its shares rose over 200% in a single day, meaning the company is now valued at $85 billion, which is more than ford and general motors. live now to singapore where our asia business reporter, katie silver, joins us. katie, tell us more about this company. quite an exciting debut? i'm not sure if— quite an exciting debut? i'm not sure if you _ quite an exciting debut? i“n not sure if you saw the tickertape parade but very exciting and to give you an idea raised to 55,000 in a day, as you say $85 billion compares to forward's $a8 billion and general motors $a6 billion, were huge, hugejump, the real winner it must be said was the founder and chairman, winner it must be said was the founderand chairman, he winner it must be said was the founder and chairman, he made $a0 billion in a day. the regulatory findings showed he controlled at the time 99% of shares. there was quite thin

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World Business Report

stable conditions out there. we've had some clear spells, apart from central and eastern scotland, where it has been damp in places, a relatively mild—ish morning between 10 and 13 degrees. but because of the light winds and all of the moisture we've got out there, it does mean it's foggy in places, certainly around dawn and just after, certainly across england and wales, the more prone spots. but it won't last for very long. it never does this time of the year. so lots of sunshine eventually and then clouds will bubble up. there's cumulus clouds and we'll see a few showers, but very hit and miss. here are the temperatures. 22 celsius in glasgow, 22 celsius in birmingham, about 26 celsius expected in the south—east, a bit like on tuesday. now, tuesday, wednesday, we'll see this and into thursday we'll see this area of high pressure still across the uk, but it's drifted a little bit further towards the north. and with the help of this low pressure here, we're picking up more of a breeze from the south—southeast, a very warm direction this time of the year. so that does mean that the temperatures are going to be creeping up.

Places , Spells , Eastern-scotland , Winds , Conditions , 13 , 10 , All , Spots , Clouds , England , Lots

World Business Report

based tech—focused exchange — the nasdaq — on tuesday. then, they rose in value by more than 200% on the same day, meaning that vinfast is now worth $85 billion. our asia business reporter katie silver has more. it perhaps may be a company that you've never heard of but its shares rose by 255%. that $85 billion figure that you mentioned, that means it's now worth more than almost double that of general motors. but really one of the real winners of yesterday was its founder and chairman, he made $40 billion in a single day on this listing. and in fact, the regulatory findings, according to those, it said that he controlled about 99% of the shares at the start of the day. we did see very slim trades, only about $185 million in trade, and therefore you can see the large swings that i mentioned. 255% surge. what it does also do is it shows the excitement that continues

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