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<IPO> LONGCHEER(09611.HK) Closes Up 3.5% to $32.1
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On debut today, LONGCHEER(09611.HK) opened at $35, up 12.9% from the listing price of $31. Peaking/ bottoming at $36.86/31.22, the stock closed at $32.1, up 3.5% from the listing price of $31, on volume of 24.63 million shares and turnover of $836.57 million. Excluding handling fee, the book gain was $110 per board lot size of 100 shares.

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