[ET Net News Agency, 13 January 2023] Shares of ZHENGWEI GROUP (02147) closed at
HK$0.56 in its first trading day, or 17.65% lower than its offer price of HK$0.68. The
stock saw 196.25 million shares change hands, with a total turnover of HK$137.77m.
Excluding the transaction costs, investors lost HK$480 for each board lot of 4,000
shares.
The stock opened at HK$0.74, or 8.82% higher than its offer price, with the highest and
lowest trading prices of HK$0.77 and HK$0.56 respectively. (ed)