On the first day of listing, Jingfa Property (01354.HK) opened at 7.65 yuan, 2% higher than the listing price of 7.5 yuan. The highest/lowest prices were 7.65/6.1 yuan respectively. It closed at 6.64 yuan, 11.5% lower than the listing price of 7.5 yuan. The total trading volume for the day was 3.3447 million shares involving 24.7518 million yuan. Excluding handling fees, each lot of 300 shares incurred a loss of 258 yuan.
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