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<IPO>Woer Heat-Shrinkable(09981.HK) Closes Up 4.9% to $21.08 on Gray Mkt
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Woer Heat-Shrinkable(09981.HK), which will be listed on 13 February, opened up 9.5% to $22 on gray market. Peaking/ bottoming at $24/21.02, it closed at $21.08, up 4.9% or $0.99 from the listing price, on volume of 3.91 million shares and turnover of $84 million, according to Futu data. Excluding handling fee, the book gain was $198 per board lot size of 200 shares.

Woer Heat-Shrinkable(09981.HK), which will be listed on 13 February, opened up 12.5% to $22.6 on gray market. Peaking/ bottoming at $22.7/20.78, it closed at $21, up 4.5% or $0.91 from the listing price, on volume of 3.22 million shares and turnover of $68.3 million, according to PhillipMart data. Excluding handling fee, the book gain was $182 per board lot size of 200 shares.

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