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<IPO>Softcare(02698.HK) Closes Up 35.9% to $35.6 on Gray Mkt
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Softcare(02698.HK), which will be listed tomorrow, opened up 39.9% to $36.66 on gray market. Peaking/ bottoming at $39.3/33, it closed at $35.6, up 35.9% or $9.40 from the listing price, on volume of 7.13 million shares and turnover of $252 million, according to PhillipMart data. Excluding handling fee, the book gain was $1,880 per board lot size of 200 shares.

Softcare(02698.HK), which will be listed tomorrow, opened up 3.8% to $27.2 on gray market. Peaking/ bottoming at $38.9/26.2, it closed at $35.3, up 34.7% or $9.10 from the listing price, on volume of 4.63 million shares and turnover of $164.38 million, according to Futu data. Excluding handling fee, the book gain was $1,820 per board lot size of 200 shares.

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