Hong Kong stock anomaly | Hong Kong cosmetics retailer Longfeng Group (02290.HK) fell another 10% with its stock price halving in just two trading days after going public.

According to the Wisdom Financial News app, Long Feng Group (02290.HK) fell over 10% again on the second day of listing, hitting a new low of 2.45 Hong Kong dollars in intraday trading, more than halving from the IPO price of 5.18 Hong Kong dollars. As of the time of writing, it is down 10.32% to 2.52 Hong Kong dollars, with a turnover of 26.4824 million Hong Kong dollars.