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<IPO>Sanhua(02050.HK) Closes Down 3% to $21.85 on Gray Mkt
Recommend 2 Positive 3 Negative 4 |
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Sanhua(02050.HK), which will be listed tomorrow, opened down 0.1% to $22.5 on gray market. Peaking/ bottoming at $23.6/19, it closed at $21.85, down 3% or $0.68 from the listing price, on volume of 13.6 million shares and turnover of $294 million, according to PhillipMart data. Excluding handling fee, the book loss was $68 per board lot size of 100 shares. Sanhua(02050.HK), which will be listed tomorrow, opened up 1.9% to $22.95 on gray market. Peaking/ bottoming at $23/15, it closed at $21.65, down 3.9% or $0.88 from the listing price, on volume of 12.64 million shares and turnover of $269.7 million, according to Futu data. Excluding handling fee, the book loss was $88 per board lot size of 100 shares. AAStocks Financial News |
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