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<IPO>Xiao Noodles(02408.HK) Closes Down 14.2% to $6.04 on Gray Mkt
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Xiao Noodles(02408.HK), which will be listed tomorrow, opened flat at $7.04 on gray market, on volume of 3.04 million shares and turnover of $18.93 million, according to Futu data. Excluding handling fee, the book loss was $500 per board lot size of 500 shares.

Xiao Noodles(02408.HK), which will be listed tomorrow, opened up 2.3% to $7.2 on gray market. Peaking/ bottoming at $7.49/5.85, it closed at $6, down 14.8% or $1.04 from the listing price, on volume of 2.91 million shares and turnover of $17.9 million, according to PhillipMart data. Excluding handling fee, the book loss was $520 per board lot size of 500 shares.

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