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<IPO>Jinyan Kaolin(02693.HK) Closes Up 35.8% to $9.91 on Gray Mkt
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Jinyan Kaolin(02693.HK), which will be listed tomorrow, opened up 43.8% to $10.5 on gray market. Peaking/ bottoming at $11.78/7.3, it closed at $9.91, up 35.8% or $2.61 from the listing price, on volume of 2.45 million shares and turnover of $24.92 million, according to Futu data. Excluding handling fee, the book gain was $1,305 per board lot size of 500 shares.

Jinyan Kaolin(02693.HK), which will be listed tomorrow, opened up 50.7% to $11 on gray market. Peaking/ bottoming at $11.58/8, it closed at $10.05, up 37.7% or $2.75 from the listing price, on volume of 1.61 million shares and turnover of $15.9 million, according to PhillipMart data. Excluding handling fee, the book gain was $1,375 per board lot size of 500 shares.

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