Zhitong
2024.03.20 08:41
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New Stock Grey Market | MIGAO GROUP's grey market debut rose by over 7%, earning HKD 290 per lot

MIGAO GROUP is scheduled to be listed in Hong Kong on March 21st (Wednesday). As of the time of publication, the grey market trading indicates a price of HKD 4.37, up 7.11% from the IPO price of HKD 4.08. With 1000 shares per lot and excluding transaction fees, a profit of HKD 290 can be made per lot

According to the Zhitong Finance and Economics APP, MIGAO GROUP (09879) will be listed in Hong Kong on March 21st (Wednesday). As of the time of publication, the grey market trading shows a price of HKD 4.37, up 7.11% from the offer price of HKD 4.08. With 1000 shares per lot, excluding handling fees, a profit of HKD 290 per lot can be made