Premarket trading for Senior Material (06067) has commenced with a significant surge ahead of its official listing on the Hong Kong exchange this Tuesday, June 23rd.
At the time of reporting, the premarket price was indicated at HK$13.98, representing a substantial increase of 55.68% over the initial public offering price of HK$8.98.
Based on a board lot size of 500 shares, this price movement translates to a paper profit of HK$2,500 per lot, excluding any applicable transaction fees.