Rongta Technology(09881.HK), which will be listed tomorrow, opened up 40% to $14 on gray market. Peaking/ bottoming at $105/14, it closed at $17.6, up 76% or $7.60 from the listing price, on volume of 1.01 million shares and turnover of $17.9 million, according to PhillipMart data. Excluding handling fee, the book gain was $3,800 per board lot size of 500 shares.

Rongta Technology(09881.HK), which will be listed tomorrow, opened up 50.2% to $15.02 on gray market. Peaking/ bottoming at $21/10, it closed at $17.88, up 78.8% or $7.88 from the listing price, on volume of 833,500 shares and turnover of $14.89 million, according to Futu data. Excluding handling fee, the book gain was $3,940 per board lot size of 500 shares.
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