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<IPO>SDMC Tech(00901.HK) Closes Up 93.6% to $63.5 on Gray Mkt
Recommend 7 Positive 10 Negative 5 |
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SDMC Tech(00901.HK), which will be listed on 27 May, opened up 37.2% to $45 on gray market. Peaking/ bottoming at $64.1/36.02, it closed at $63.5, up 93.6% or $30.70 from the listing price, on volume of 1.42 million shares and turnover of $75.19 million, according to Futu data. Excluding handling fee, the book gain was $3,070 per board lot size of 100 shares. SDMC Tech(00901.HK), which will be listed on 27 May, opened up 28% to $42 on gray market. Peaking/ bottoming at $64.15/36, it closed at $63.5, up 93.6% or $30.70 from the listing price, on volume of 736,000 shares and turnover of $39.8 million, according to PhillipMart data. Excluding handling fee, the book gain was $3,070 per board lot size of 100 shares. AASTOCKS Financial News |
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