[ET Net News Agency, 09 November 2023] HUASHI GROUP (01111) will be listed tomorrow
(10th). It is currently at HK$1.75 on Phillip's grey market, 68.3% higher than the IPO
price of HK$1.04. Based on 4,000 shares per lot, excluding handling fees, the book value
gain per lot is HK$2,840. It is currently at HK$2 on Bright Smart's grey market, 92.3%
higher than the IPO price. The book value gain per lot is HK$3,840.
The public offering of the stock was oversubscribed by 11.62 times. The winning rate of
one lot was 10.56%. One lot was distributed for subscription of 20 lots. The price is
based on the upper limit of the offer price ranging from HK$0.88 to HK$1.04. (ed)