On the first day of its listing, YuanXu Technology (08637.HK) opened at HKD 1.66, which is 31.4% lower than the IPO price of HKD 2.42. The highest/lowest prices were HKD 1.77/1.47 respectively, and the closing price for the day was HKD 1.47, a decrease of 39.3% from the IPO price. The total trading volume for the day was 21.203 million shares, involving a total capital of HKD 36.7662 million. Without taking into account handling fees, each lot of 1,000 shares resulted in a loss of HKD 950.
~