Yue Yuen International’s new spinoff company, Pou Sheng International, which raised $322 million by selling 27% of its share capital, or 823.4 million shares, at an offering price of HK$3.05 (€0.25-$0.39), saw shares close down by HK$0.03 to HK$2.61 (€0.22-$0.33) in its first day of trading.