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<IPO>Chuangxin Ind(02788.HK) Closes Up 30.6% to $14.35 on Gray Mkt
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Chuangxin Ind(02788.HK), which will be listed tomorrow, opened down 5.4% to $10.4 on gray market. Peaking/ bottoming at $14.83/8.5, it closed at $14.35, up 30.6% or $3.36 from the listing price, on volume of 27.6 million shares and turnover of $374 million, according to PhillipMart data. Excluding handling fee, the book gain was $1,680 per board lot size of 500 shares.

Chuangxin Ind(02788.HK), which will be listed tomorrow, opened down 1.7% to $10.8 on gray market. Peaking/ bottoming at $15/9.96, it closed at $13.85, up 26% or $2.86 from the listing price, on volume of 20.59 million shares and turnover of $274.51 million, according to Futu data. Excluding handling fee, the book gain was $1,430 per board lot size of 500 shares.

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