Dahon Tech(02543.HK), which will be listed tomorrow, opened up 100% to $99 on gray market. Peaking/ bottoming at $99/65, it closed at $68.1, up 37.6% or $18.60 from the listing price, on volume of 1.5 million shares and turnover of $111 million, according to PhillipMart data. Excluding handling fee, the book gain was $1,860 per board lot size of 100 shares.

Dahon Tech(02543.HK), which will be listed tomorrow, opened up 142.4% to $120 on gray market. Peaking/ bottoming at $150/49.5, it closed at $78.7, up 59% or $29.20 from the listing price, on volume of 587,100 shares and turnover of $52.48 million, according to Futu data. Excluding handling fee, the book gain was $2,920 per board lot size of 100 shares.
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