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<IPO>Estun automation(02715.HK) Closes Down 8.2% to $14.1 on Gray Mkt
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Estun automation(02715.HK), which will be listed on 9 March, opened up 65.1% to $25.36 on gray market. Peaking/ bottoming at $25.36/13.7, it closed at $14.1, down 8.2% or $1.26 from the listing price, on volume of 974,000 shares and turnover of $13.7 million, according to PhillipMart data. Excluding handling fee, the book loss was $252 per board lot size of 200 shares.

Estun automation(02715.HK), which will be listed on 9 March, opened down 0.1% to $15.35 on gray market. Peaking/ bottoming at $15.5/14, it closed at $14.2, down 7.6% or $1.16 from the listing price, on volume of 516,800 shares and turnover of $7.43 million, according to Futu data. Excluding handling fee, the book loss was $232 per board lot size of 200 shares.

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