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<IPO>Muyuan Foods(02714.HK) Closes Up 5.1% to $41 on Gray Mkt
Recommend 4 Positive 9 Negative 1 |
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Muyuan Foods(02714.HK), which will be listed tomorrow, opened up 2.3% to $39.9 on gray market. Peaking/ bottoming at $41.5/38.6, it closed at $41, up 5.1% or $2.00 from the listing price, on volume of 6.05 million shares and turnover of $245 million, according to PhillipMart data. Excluding handling fee, the book gain was $200 per board lot size of 100 shares. Muyuan Foods(02714.HK), which will be listed tomorrow, opened down 3.6% to $37.6 on gray market. Peaking/ bottoming at $40.18/36.8, it closed at $39.74, up 1.9% or $0.74 from the listing price, on volume of 3.89 million shares and turnover of $151.65 million, according to Futu data. Excluding handling fee, the book gain was $74 per board lot size of 100 shares. AAStocks Financial News |
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