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<IPO>ALSCO Pooling(02649.HK) Closes Down 0.9% to $10.9 on Gray Mkt
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ALSCO Pooling(02649.HK), which will be listed on 9 March, opened up 100% to $22 on gray market. Peaking/ bottoming at $30.86/10.19, it closed at $10.9, down 0.9% or $0.10 from the listing price, on volume of 6.77 million shares and turnover of $78.5 million, according to PhillipMart data. Excluding handling fee, the book loss was $50 per board lot size of 500 shares.

ALSCO Pooling(02649.HK), which will be listed on 9 March, opened up 110.9% to $23.2 on gray market. Peaking/ bottoming at $30/13.66, it closed at $14, up 27.3% or $3.00 from the listing price, on volume of 2.01 million shares and turnover of $37.15 million, according to Futu data. Excluding handling fee, the book gain was $1,500 per board lot size of 500 shares.

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