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<IPO>Zhida Technology(02650.HK) Closes Up 181.4% to $188.3 on Gray Mkt
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Zhida Technology(02650.HK), which will be listed tomorrow, opened up 124.1% to $150 on gray market. Peaking/ bottoming at $215/66.92, it closed at $188.3, up 181.4% or $121.38 from the listing price, on volume of 588,100 shares and turnover of $106.8 million, according to Futu data. Excluding handling fee, the book gain was $6,069 per board lot size of 50 shares.

Zhida Technology(02650.HK), which will be listed tomorrow, opened up 101.7% to $135 on gray market. Peaking/ bottoming at $220/134, it closed at $190.3, up 184.4% or $123.38 from the listing price, on volume of 282,000 shares and turnover of $53.1 million, according to PhillipMart data. Excluding handling fee, the book gain was $6,169 per board lot size of 50 shares.

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