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<IPO>Longcheer(09611.HK) Closes Up 16.8% to $36.22 on Gray Mkt
Recommend 4 Positive 5 Negative 1 |
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Longcheer(09611.HK), which will be listed tomorrow, opened up 4.8% to $32.5 on gray market. Peaking/ bottoming at $37.3/32.5, it closed at $36.22, up 16.8% or $5.22 from the listing price, on volume of 2.81 million shares and turnover of $102 million, according to PhillipMart data. Excluding handling fee, the book gain was $522 per board lot size of 100 shares. Longcheer(09611.HK), which will be listed tomorrow, opened up 3.2% to $32 on gray market. Peaking/ bottoming at $41/32, it closed at $37.12, up 19.7% or $6.12 from the listing price, on volume of 2.58 million shares and turnover of $95.13 million, according to Futu data. Excluding handling fee, the book gain was $612 per board lot size of 100 shares. AAStocks Financial News |
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