[ET Net News Agency, 3 July 2024] Shares of ZHONGGAN COMM (02545) opened at HK$0.76 in
its first trading day, or 39.2% lower than its offer price of HK$1.25.
The stock's IPO was 194.99 times oversubscribed, with a board-lot winning rate of
70.01%. One lot was distributed for subscription of 2 lots.The price is based on the upper
limit of the offer price ranging from HK$1.13 to HK$1.25. (ed)