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04/12/2025 16:20

XIAO NOODLES(02408) down 12.22% on grey market

  [ET Net News Agency, 4 December 2025]  XIAO NOODLES (02408) will be listed tomorrow (5th). It is currently at HK$6.18 on Phillip's grey market, 12.2% lower than the grey market's IPO price of HK$7.04. Based on 500 shares per lot, excluding handling fees, the book value loss per lot is HK$430. It is currently at HK$6.06 on Bright Smart's grey market, 13.9% lower than the grey market's IPO price. The book value loss per lot is HK$490.

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