[ET Net News Agency, 22 December 2025] Shares of NANHUA FUTURES (02691) opened at
HK$9.13 in its first trading day, or 23.9% lower than its offer price of HK$12.
The stock's IPO was 0.91 time oversubscribed, with a board-lot winning rate of 74.64%.
One lot was distributed for subscription of 2 lots.The price is based on the lower limit
of the offer price ranging from HK$12.00 to HK$16.00. (ed)