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<IPO>JST Group(06687.HK) Closes Up 37.3% to $42 on Gray Mkt

JST Group(06687.HK), which will be listed tomorrow, opened up 30.7% to $40 on gray market. P...

JST Group(06687.HK), which will be listed tomorrow, opened up 30.7% to $40 on gray market. Peaking/ bottoming at $42.28/40, it closed at $42, up 37.3% or $11.40 from the listing price, on volume of 5.1 million shares and turnover of $208 million, according to PhillipMart data. Excluding handling fee, the book gain was $1,140 per board lot size of 100 shares.

JST Group(06687.HK), which will be listed tomorrow, opened up 7.8% to $33 on gray market. Peaking/ bottoming at $45/30.6, it closed at $40.92, up 33.7% or $10.32 from the listing price, on volume of 4.1 million shares and turnover of $162.3 million, according to Futu data. Excluding handling fee, the book gain was $1,032 per board lot size of 100 shares.
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