Jiaxin Intl Res(03858.HK), which will be listed tomorrow, opened up 52% to $16.6 on gray market. Peaking/ bottoming at $23.26/14.5, it closed at $22.16, up 102.9% or $11.24 from the listing price, on volume of 7.51 million shares and turnover of $155 million, according to PhillipMart data. Excluding handling fee, the book gain was $4,496 per board lot size of 400 shares.

Jiaxin Intl Res(03858.HK), which will be listed tomorrow, opened up 46.5% to $16 on gray market. Peaking/ bottoming at $23.5/10.92, it closed at $22.04, up 101.8% or $11.12 from the listing price, on volume of 6.35 million shares and turnover of $131.83 million, according to Futu data. Excluding handling fee, the book gain was $4,448 per board lot size of 400 shares.
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