SG Micro Corp's Pre-IPO Trading Soars Over 30%, Generating a Profit of HK$2,580 Per Lot
Stock News
Jun 25
Shares of SG Micro Corp (HKEX: 03661) are scheduled to commence trading on the Hong Kong Stock Exchange this Friday, June 26th.
In the pre-listing, or "grey market," trading session, the stock concluded at HK$111.0.
This closing price represents a significant gain of 30.28% above the initial public offering price of HK$85.20 per share.
Based on a standard board lot size of 100 shares, this surge translates to a profit of HK$2,580 per lot before accounting for any brokerage commissions or transaction fees.
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