The pre-market trading for LINGYI ITECH (01688) has shown a strong start, with its price rising more than 8% ahead of its official listing on the Hong Kong Stock Exchange this Friday, June 26th.
As of the latest update, the pre-market price is indicated at HK$11, which represents an 8.06% increase over its initial public offering price of HK$10.18.
Based on a board lot size of 660 shares, this price movement translates to a profit of HK$541.2 per lot before accounting for any transaction fees or commissions.