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<IPO>SANY Heavy Ind(06031.HK) Closes Down 2.5% to $20.76 on Gray Mkt
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SANY Heavy Ind(06031.HK), which will be listed tomorrow, opened flat at $21.3 on gray market, on volume of 6.04 million shares and turnover of $125 million, according to PhillipMart data. Excluding handling fee, the book loss was $108 per board lot size of 200 shares.

SANY Heavy Ind(06031.HK), which will be listed tomorrow, opened down 1.4% to $21 on gray market. Peaking/ bottoming at $21.5/20.02, it closed at $20.78, down 2.4% or $0.52 from the listing price, on volume of 3.69 million shares and turnover of $76.51 million, according to Futu data. Excluding handling fee, the book loss was $104 per board lot size of 200 shares.

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