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<IPO>Jiangsu Horizon(02625.HK) Closes Up 28.8% to $3.22 on Gray Mkt
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Jiangsu Horizon(02625.HK), which will be listed tomorrow, opened up 13.6% to $2.84 on gray market. Peaking/ bottoming at $3.32/2.5, it closed at $3.22, up 28.8% or $0.72 from the listing price, on volume of 5.76 million shares and turnover of $17.89 million, according to Futu data. Excluding handling fee, the book gain was $720 per board lot size of 1,000 shares.

Jiangsu Horizon(02625.HK), which will be listed tomorrow, opened up 19.6% to $2.99 on gray market. Peaking/ bottoming at $3.62/2.99, it closed at $3.31, up 32.4% or $0.81 from the listing price, on volume of 1.09 million shares and turnover of $3.62 million, according to PhillipMart data. Excluding handling fee, the book gain was $810 per board lot size of 1,000 shares.

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