[ET Net News Agency, 14 December 2022] Shares of MEIHAO GROUP (01947) closed at HK$0.72
in its first trading day, or 14.29% lower than its offer price of HK$0.84. The stock saw
67.3 million shares change hands, with a total turnover of HK$51.64m.
Excluding the transaction costs, investors lost HK$600 for each board lot of 5,000
shares.
The stock opened at HK$0.76, or 9.52% lower than its offer price, with the lowest and
highest trading prices of HK$0.69 and HK$0.82 respectively. (ed)