[ET Net News Agency, 16 October 2024] Shares of QINIU (02567) closed at HK$1.19 in its
first trading day, or 56.7% lower than its offer price of HK$2.75. The stock saw 121.38
million shares change hands, with a total turnover of HK$166.43m.
Excluding the transaction costs, investors lost HK$1,560 for each board lot of 1,000
shares.
The stock opened at HK$1.6, or 41.8% lower than its offer price, with the lowest and
highest trading prices of HK$1.14 and HK$1.68 respectively. (ed)