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<IPO>Victory Giant Tech(02476.HK) Closes Up 58.7% to $333 on Gray Mkt
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Victory Giant Tech(02476.HK), which will be listed on 21 April, opened up 69.2% to $355.2 on gray market. Peaking/ bottoming at $365/325, it closed at $333, up 58.7% or $123.12 from the listing price, on volume of 3.85 million shares and turnover of $1.28 billion, according to PhillipMart data. Excluding handling fee, the book gain was $12,312 per board lot size of 100 shares.

Victory Giant Tech(02476.HK), which will be listed on 21 April, opened up 38.1% to $289.8 on gray market. Peaking/ bottoming at $350/289.8, it closed at $336.2, up 60.2% or $126.32 from the listing price, on volume of 2.84 million shares and turnover of $958.97 million, according to Futu data. Excluding handling fee, the book gain was $12,632 per board lot size of 100 shares.

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