The upcoming Hong Kong listing of BASICSEMI (09971) is generating significant pre-market activity. The company is scheduled to commence trading on Wednesday, July 8th. In early off-exchange trading today, the stock is showing strong momentum.

As of the latest update, the indicative price in the grey market is HK$34.72. This represents a notable increase of approximately 9.80% above its initial public offering price of HK$31.62. For investors, this translates into a paper profit of HK$620 per lot, based on a standard board lot size of 200 shares, before accounting for any applicable transaction fees.