HONG KONG: Shares of Italian fashion house Prada SpA were nearly flat in their Hong Kong stock market debut Friday, amid lukewarm investor interest for the city's most glamorous IPO of the year.
Prada shares gained as much as 50 cents, or 1.2 percent, to HK$40 in the first hour of trading but by midafternoon were changing hands at $39.55, just five cents higher than the offering price.
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