[ET Net News Agency, 15 November 2022] JY GAS (01407) will be listed tomorrow (16th).
It is currently at HK$1.85 on Phillip's grey market, 30.28% higher than the IPO price of
HK$1.42. Based on 2,000 shares per lot, excluding handling fees, the book value gain per
lot is HK$860. It is currently at HK$1.82 on Bright Smart's grey market, 28.17% higher
than the IPO price. The book value gain per lot is HK$800.
The public offering of the stock was oversubscribed by 6.15 times. The winning rate of
one lot was 30%. One lot was distributed for subscription of 7 lots. The price is based on
the lower limit of the offer price ranging from HK$1.42 to HK$1.62. (ed)