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<IPO>Xuanzhu Bio-B(02575.HK) Closes Up 172.4% to $31.6 on Gray Mkt
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Xuanzhu Bio-B(02575.HK), which will be listed tomorrow, opened up 100.9% to $23.3 on gray market. Peaking/ bottoming at $35/11.6, it closed at $31.6, up 172.4% or $20.00 from the listing price, on volume of 4.87 million shares and turnover of $144.58 million, according to Futu data. Excluding handling fee, the book gain was $10,000 per board lot size of 500 shares.

Xuanzhu Bio-B(02575.HK), which will be listed tomorrow, opened up 98.4% to $23.02 on gray market. Peaking/ bottoming at $42.8/23.02, it closed at $31.46, up 171.2% or $19.86 from the listing price, on volume of 3.1 million shares and turnover of $92.8 million, according to PhillipMart data. Excluding handling fee, the book gain was $9,930 per board lot size of 500 shares.

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