RIDGE OUTDOOR (02720) Surges Over 48% in Gray Market Debut, Generating HK$2,945 Per Lot

Stock News
02/09

RIDGE OUTDOOR (02720), the world's largest fishing equipment manufacturer, is scheduled to list on the Hong Kong exchange on Tuesday, February 10. As of the latest update, gray market trading indicated a share price of HK$18.14, representing a gain of 48.08% compared to the offer price of HK$12.25. With each lot consisting of 500 shares, this translates to a profit of HK$2,945 per lot before accounting for transaction fees.

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