[ET Net News Agency, 5 June 2026] Shares of LUNG FUNG GROUP (02290) closed at HK$2.81 in its first trading day, or 45.8% lower than its offer price of HK$5.18. The stock saw 85.47 million shares change hands, with a total turnover of HK$346.18m.
Excluding the transaction costs, investors lost HK$1,185 for each board lot of 500 shares.
The stock opened at HK$4.32, or 16.6% lower than its offer price, with the lowest and highest trading prices of HK$2.8 and HK$4.6 respectively. (ed)
Excluding the transaction costs, investors lost HK$1,185 for each board lot of 500 shares.
The stock opened at HK$4.32, or 16.6% lower than its offer price, with the lowest and highest trading prices of HK$2.8 and HK$4.6 respectively. (ed)
