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<IPO>Tianyu Semiconductor(02658.HK) Closes Down 14.6% to $49.54 on Gray Mkt
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Tianyu Semiconductor(02658.HK), which will be listed tomorrow, opened flat at $58 on gray market, on volume of 509,950 shares and turnover of $25.3 million, according to Futu data. Excluding handling fee, the book loss was $423 per board lot size of 50 shares. Tianyu Semiconductor(02658.HK), which will be listed tomorrow, opened up 3.4% to $60 on gray market. Peaking/ bottoming at $61/47.32, it closed at $49.34, down 14.9% or $8.66 from the listing price, on volume of 460,000 shares and turnover of $22.6 million, according to PhillipMart data. Excluding handling fee, the book loss was $433 per board lot size of 50 shares. AAStocks Financial News |
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