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Listed IPO ZHOU LIU FU Loses After Breaking Ceiling, Still Skyrockets 90% in Total After 4 Days of Listing; LAOPU GOLD Struggles at $1K Mark
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Listed IPO ZHOU LIU FU (06168.HK), which debuted last Thursday (26 June), opened 4.23% higher this morning (2 July), and once hyped up 8.4% to an all-time high of $52.5 in the early session, nearly 1.19x ahead of its listing price of $24. The stock then declined, and last printed at $45.8, down 5.47%, with a trading volume of 8.1896 million shares, involving $385 million. Its current price has risen by approx. 90.8% in four days since listing.

Major gold jewelry peers generally ascended today. LUK FOOK HOLD (00590.HK) last leaped 4.24% to $20.9, with a turnover of $23.6984 million. CHOW SANG SANG (00116.HK) last printed at $9, advancing 5.63%, with a turnover of $14.612 million. CHOW TAI FOOK (01929.HK) ticked up 0.6% to last at $13.5, with a turnover of $73.0657 million.

Related NewsCICC: Investors Shall Moderately Reduce Positions in HK Stocks in ST, Keep 'Bullets' for Future Opportunities
Chinese new consumption 'popular stock' LAOPU GOLD (06181.HK) peaked at $1,034 in the morning session, slightly below its all-time high of $1,035 set on Monday. It last printed at $1,003, down 0.5%, with a turnover of $491 million. The second round of major shareholders' lock-up period for LAOPU GOLD expired last week.
AASTOCKS Financial News
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