<IPO>Chery Automobile(09973.HK) Closes Up 9.5% to $33.68 on Gray Mkt
Chery Automobile(09973.HK), which will be listed tomorrow, opened up 9.1% to $33.56 on gray ...
Chery Automobile(09973.HK), which will be listed tomorrow, opened up 9.1% to $33.56 on gray market. Peaking/ bottoming at $34/32, it closed at $33.68, up 9.5% or $2.93 from the listing price, on volume of 8.85 million shares and turnover of $295 million, according to PhillipMart data. Excluding handling fee, the book gain was $293 per board lot size of 100 shares.
Chery Automobile(09973.HK), which will be listed tomorrow, opened up 8.3% to $33.3 on gray market. Peaking/ bottoming at $35/30.75, it closed at $33.38, up 8.6% or $2.63 from the listing price, on volume of 8.51 million shares and turnover of $279.15 million, according to Futu data. Excluding handling fee, the book gain was $263 per board lot size of 100 shares.
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