Li Ka-shing makes Trasy shine on first day of trading

Trasy Gold Ex''s put on an impressive performance on its first day of trading with its share price jumping 50% and closing 9% up on issue price.

On its first day of trading on Growth Enterprise Market GEM on 7 December, Trasy Gold Ex, developer and operator of a proprietary system for electronic trading of precious metals, saw it's share price jump by as much as 50%. Why Because they say in Hong Kong that anything Li Ka-shing touches turns to gold. And Trasy Gold Ex Trasy has been very keen to associate itself with the tycoon.

However, Li Ka-shing's actual involvement in Trasy has beenĀ little more than an academic and PR exercise so far. Trasy Gold Ex, which listed yesterday, raised HK$51 million $6.5 million from placing 242.8 million shares at HK$0.21 per share. A further...

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