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<IPO>Haiwei Electronic(09609.HK) Closes Up 0.5% to $14.35 on Gray Mkt
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Haiwei Electronic(09609.HK), which will be listed tomorrow, opened up 74.4% to $24.9 on gray market. Peaking/ bottoming at $28.72/14.29, it closed at $14.35, up 0.5% or $0.07 from the listing price, on volume of 3.5 million shares and turnover of $54.8 million, according to PhillipMart data. Excluding handling fee, the book gain was $14 per board lot size of 200 shares.

Haiwei Electronic(09609.HK), which will be listed tomorrow, opened up 20.6% to $17.22 on gray market. Peaking/ bottoming at $27.5/14.28, it closed at $14.66, up 2.7% or $0.38 from the listing price, on volume of 2.15 million shares and turnover of $39.36 million, according to Futu data. Excluding handling fee, the book gain was $76 per board lot size of 200 shares.

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