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Shenzhen Kinwong(03228.HK) Closes Down 6.3% to $65.45 on Gray Mkt
2026-09-28 18:35:01
Shenzhen Kinwong(03228.HK), which will be listed on 29 September, opened down 7% to $65 on gray market. Peaking/ bottoming at $67.5/63.2, it closed at $65.45, down 6.3% or $4.43 from the listing price, on volume of 714,000 shares and turnover of $46.6 million, according to PhillipMart data. Excluding handling fee, the book loss was $443 per board lot size of 100 shares.

Shenzhen Kinwong(03228.HK), which will be listed on 29 September, opened down 4.1% to $67 on gray market. Peaking/ bottoming at $69.8/60.5, it closed at $65.55, down 6.2% or $4.33 from the listing price, on volume of 591,400 shares and turnover of $38.59 million, according to Futu data. Excluding handling fee, the book loss was $433 per board lot size of 100 shares.
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