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<IPO>Hengrui Pharma(01276.HK) Closes Up 32.2% to $58.25 on Gray Mkt
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Hengrui Pharma(01276.HK), which will be listed tomorrow, opened up 11.2% to $49 on gray market. Peaking/ bottoming at $58.85/44.05, it closed at $58.25, up 32.2% or $14.20 from the listing price, on volume of 13.42 million shares and turnover of $751.15 million, according to Futu data. Excluding handling fee, the book gain was $2,840 per board lot size of 200 shares.

Hengrui Pharma(01276.HK), which will be listed tomorrow, opened up 18% to $52 on gray market. Peaking/ bottoming at $59.9/52, it closed at $58.85, up 33.6% or $14.80 from the listing price, on volume of 9.45 million shares and turnover of $536 million, according to PhillipMart data. Excluding handling fee, the book gain was $2,960 per board lot size of 200 shares.

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