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<IPO>Mokingran(02585.HK) Closes Up 4.5% to $12.54 on Gray Mkt
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Mokingran(02585.HK), which will be listed tomorrow, opened up 2% to $12.24 on gray market. Peaking/ bottoming at $12.8/9.2, it closed at $12.54, up 4.5% or $0.54 from the listing price, on volume of 1.92 million shares and turnover of $22.6 million, according to PhillipMart data. Excluding handling fee, the book gain was $108 per board lot size of 200 shares.

Mokingran(02585.HK), which will be listed tomorrow, opened up 4.2% to $12.5 on gray market. Peaking/ bottoming at $12.72/9.6, it closed at $12.38, up 3.2% or $0.38 from the listing price, on volume of 957,400 shares and turnover of $11.41 million, according to Futu data. Excluding handling fee, the book gain was $76 per board lot size of 200 shares.
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