UPDATE 3-Mini-car maker AviChina races ahead in debut

Newswire

(Updates with closing price) By Vicki Kwong HONG KONG, Oct 30 (Reuters) - Shares of Chinese mini-car and helicopter maker AviChina Industry & Technology Co Ltd jumped more than 21 percent in their debut in Hong Kong on Thursday as investors bet that sizzling economic growth will boost sales. "Investors are confident about its business outlook," said Ben Kwong, associate director at brokers KGI Asia Ltd. "Cars and aircraft are both high-growth industries in China." The stock ended ...

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