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<IPO>New Gonow RV(00805.HK) Closes Down 22% to $0.99 on Gray Mkt
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New Gonow RV(00805.HK), which will be listed tomorrow, opened down 0.8% to $1.26 on gray market. Peaking/ bottoming at $1.26/0.92, it closed at $0.99, down 22% or $0.28 from the listing price, on volume of 1.21 million shares and turnover of $1.23 million, according to PhillipMart data. Excluding handling fee, the book loss was $560 per board lot size of 2,000 shares.

New Gonow RV(00805.HK), which will be listed tomorrow, opened down 17.3% to $1.05 on gray market. Peaking/ bottoming at $1.26/1, it closed at $1.16, down 8.7% or $0.11 from the listing price, on volume of 942,000 shares and turnover of $1 million, according to Futu data. Excluding handling fee, the book loss was $220 per board lot size of 2,000 shares.

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