The pre-listing trading session for QIYUNSHAN FOOD (02797) concluded with a substantial surge ahead of its official debut on the Hong Kong exchange this Thursday, July 9th.
At the close of the grey market session, the stock was quoted at HK$16.11.
This price point represents a remarkable increase of 101.38% over its initial public offering price of HK$8.00.
Based on a standard board lot size of 500 shares, this translates to a profit of HK$4,055 per lot before accounting for any transaction fees or commissions.