[ET Net News Agency, 3 July 2024] Shares of KINGFARPROPERTY (01354) closed at HK$6.64
in its first trading day, or 11.5% lower than its offer price of HK$7.5. The stock saw
3.34 million shares change hands, with a total turnover of HK$24.75m.
Excluding the transaction costs, investors lost HK$258 for each board lot of 300 shares.
The stock opened at HK$7.65, or 2% higher than its offer price, with the highest and
lowest trading prices of HK$7.65 and HK$6.1 respectively. (ed)