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<IPO>Haixi Pharma(02637.HK) Closes Up 24.5% to $107.6 on Gray Mkt
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Haixi Pharma(02637.HK), which will be listed tomorrow, opened up 98.6% to $171.6 on gray market. Peaking/ bottoming at $200/86.4, it closed at $107.6, up 24.5% or $21.20 from the listing price, on volume of 683,900 shares and turnover of $81.86 million, according to Futu data. Excluding handling fee, the book gain was $1,060 per board lot size of 50 shares.

Haixi Pharma(02637.HK), which will be listed tomorrow, opened up 99.1% to $172 on gray market. Peaking/ bottoming at $176/105, it closed at $108.1, up 25.1% or $21.70 from the listing price, on volume of 394,000 shares and turnover of $46.1 million, according to PhillipMart data. Excluding handling fee, the book gain was $1,085 per board lot size of 50 shares.

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