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<IPO>Galaxis Technology(02729.HK) Closes Up 83.2% to $30.52 on Gray Mkt
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Galaxis Technology(02729.HK), which will be listed on 24 March, opened up 31.5% to $21.9 on gray market. Peaking/ bottoming at $30.78/21.9, it closed at $30.52, up 83.2% or $13.86 from the listing price, on volume of 3.94 million shares and turnover of $113.82 million, according to Futu data. Excluding handling fee, the book gain was $2,772 per board lot size of 200 shares.

Galaxis Technology(02729.HK), which will be listed on 24 March, opened up 19.4% to $19.9 on gray market. Peaking/ bottoming at $31.22/19.9, it closed at $30.42, up 82.6% or $13.76 from the listing price, on volume of 1.94 million shares and turnover of $54.8 million, according to PhillipMart data. Excluding handling fee, the book gain was $2,752 per board lot size of 200 shares.

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