BEFAR GROUP's Hong Kong Debut Sees Sharp Pre-Listing Price Drop

Stock News
07/09

The Hong Kong-listed shares of BEFAR GROUP (HKEX: 06745) are scheduled to commence trading on Friday, July 10th. According to pre-market trading data, the stock's indicative price has fallen significantly ahead of its debut.

As of the latest update, the pre-market price is indicated at HK$2.95. This represents a substantial decline of 15.23% compared to its initial public offering price of HK$3.48.

Based on a standard board lot size of 1,000 shares, this price movement implies a pre-trading loss of approximately HK$530 per lot, excluding any applicable transaction fees or commissions.

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