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<IPO>Bao Pharma-B(02659.HK) Closes Up 112.3% to $56 on Gray Mkt
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Bao Pharma-B(02659.HK), which will be listed tomorrow, opened flat at $26.38 on gray market, on volume of 1.9 million shares and turnover of $101.02 million, according to Futu data. Excluding handling fee, the book gain was $2,962 per board lot size of 100 shares.

Bao Pharma-B(02659.HK), which will be listed tomorrow, opened up 85.7% to $49 on gray market. Peaking/ bottoming at $56.95/47.6, it closed at $56.5, up 114.2% or $30.12 from the listing price, on volume of 1.77 million shares and turnover of $94.3 million, according to PhillipMart data. Excluding handling fee, the book gain was $3,012 per board lot size of 100 shares.

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