[ET Net News Agency, 9 January 2025] Shares of CONCH MAT TECH (02560) closed at HK$1.57
in its first trading day, or 47.7% lower than its offer price of HK$3. The stock saw 49.01
million shares change hands, with a total turnover of HK$86.81m.
Excluding the transaction costs, investors lost HK$1,430 for each board lot of 1,000
shares.
The stock opened at HK$1.8, or 40% lower than its offer price, with the lowest and
highest trading prices of HK$1.57 and HK$1.93 respectively. (ed)
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IPO News
09/01/2025 16:08
{New Stock}CONCH MAT TECH ends down 47.67% at HK$1.57
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