Shares of FUJING HOLDINGS (02497) closed at HK$1.48 in its first trading day, or 37% higher than its offer price of HK$1.08. The stock saw 37.77 million shares change hands, with a total turnover of HK$76.45m.
Excluding the transaction costs, investors earned HK$800 for each board lot of 2,000 shares.
The stock opened at HK$2.13, or 97.2% higher than its offer price, with the highest and lowest trading prices of HK$2.4 and HK$1.41 respectively.
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