<IPO>Jihong Company(02603.HK) Closes Up 23.8% to $9.51 on Gray Mkt
Jihong Company(02603.HK), which will be listed tomorrow, opened up 22.7% to $9.42 on gray ma...
Jihong Company(02603.HK), which will be listed tomorrow, opened up 22.7% to $9.42 on gray market. Peaking/ bottoming at $9.9/7.68, it closed at $9.51, up 23.8% or $1.83 from the listing price, on volume of 5.87 million shares and turnover of $54.95 million, according to Futu data. Excluding handling fee, the book gain was $915 per board lot size of 500 shares.
Jihong Company(02603.HK), which will be listed tomorrow, opened up 2.9% to $7.9 on gray market. Peaking/ bottoming at $9.95/7.9, it closed at $9.61, up 25.1% or $1.93 from the listing price, on volume of 4.9 million shares and turnover of $46.2 million, according to PhillipMart data. Excluding handling fee, the book gain was $965 per board lot size of 500 shares.
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