[ET Net News Agency, 25 June 2026] MERDEKAGOLD-DRS (06228) will be listed tomorrow (26th). It is currently at HK$19.4 on Phillip's grey market, 27.1% lower than the grey market's IPO price of HK$26.6. Based on 100 shares per lot, excluding handling fees, the book value loss per lot is HK$720. It is currently at HK$18.03 on Bright Smart's grey market, 32.2% lower than the grey market's IPO price. The book value loss per lot is HK$857.