[ET Net News Agency, 12 December 2022] Shares of HUAFANG GROUP (03611) closed at
HK$3.15 in its first trading day, or 12.5% higher than its offer price of HK$2.8. The
stock saw 20.74 million shares change hands, with a total turnover of HK$68.75m.
Excluding the transaction costs, investors earned HK$350 for each board lot of 1,000
shares.
The stock opened at HK$3.29, or 17.5% higher than its offer price, with the highest and
lowest trading prices of HK$3.65 and HK$3.02 respectively. (ed)