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<IPO>IFBH(06603.HK) Closes Up 61% to $44.75 on Gray Mkt

IFBH(06603.HK), which will be listed tomorrow, opened up 7.9% to $30 on gray market. Peaking...

IFBH(06603.HK), which will be listed tomorrow, opened up 7.9% to $30 on gray market. Peaking/ bottoming at $55/27.8, it closed at $44.75, up 61% or $16.95 from the listing price, on volume of 7.6 million shares and turnover of $349.23 million, according to Futu data. Excluding handling fee, the book gain was $3,390 per board lot size of 200 shares.

IFBH(06603.HK), which will be listed tomorrow, opened up 43.9% to $40 on gray market. Peaking/ bottoming at $50/39.8, it closed at $43.9, up 57.9% or $16.10 from the listing price, on volume of 6.16 million shares and turnover of $275 million, according to PhillipMart data. Excluding handling fee, the book gain was $3,220 per board lot size of 200 shares.
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