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<IPO>B&K Corp-B(02396.HK) Closes Up 0.6% to $38.42 on Gray Mkt
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B&K Corp-B(02396.HK), which will be listed tomorrow, opened up 55% to $59.2 on gray market. Peaking/ bottoming at $60.2/34.4, it closed at $38.42, up 0.6% or $0.22 from the listing price, on volume of 1.45 million shares and turnover of $60.2 million, according to PhillipMart data. Excluding handling fee, the book gain was $44 per board lot size of 200 shares.

B&K Corp-B(02396.HK), which will be listed tomorrow, opened up 57.1% to $60 on gray market. Peaking/ bottoming at $72.15/38.2, it closed at $40.4, up 5.8% or $2.20 from the listing price, on volume of 782,400 shares and turnover of $37.65 million, according to Futu data. Excluding handling fee, the book gain was $440 per board lot size of 200 shares.
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