[ET Net News Agency, 5 June 2026] Shares of LUNG FUNG GROUP (02290) opened at HK$4.32 in its first trading day, or 16.6% lower than its offer price of HK$5.18.
The stock's IPO was 663.92 times oversubscribed, with a board-lot winning rate of 5%. One lot was distributed for subscription of 1600 lots.The price is based on the lower limit of the offer price ranging from HK$5.18 to HK$6.38. (ed)
The stock's IPO was 663.92 times oversubscribed, with a board-lot winning rate of 5%. One lot was distributed for subscription of 1600 lots.The price is based on the lower limit of the offer price ranging from HK$5.18 to HK$6.38. (ed)
