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<IPO>Busy Ming(01768.HK) Closes Up 72.4% to $408 on Gray Mkt
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Busy Ming(01768.HK), which will be listed tomorrow, opened up 52.2% to $360 on gray market. Peaking/ bottoming at $458/360, it closed at $408, up 72.4% or $171.40 from the listing price, on volume of 1.52 million shares and turnover of $660 million, according to PhillipMart data. Excluding handling fee, the book gain was $17,140 per board lot size of 100 shares.

Busy Ming(01768.HK), which will be listed tomorrow, opened up 49.2% to $353 on gray market. Peaking/ bottoming at $450/353, it closed at $416.8, up 76.2% or $180.20 from the listing price, on volume of 1.18 million shares and turnover of $506.37 million, according to Futu data. Excluding handling fee, the book gain was $18,020 per board lot size of 100 shares.

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