FUJING HOLDINGS (02497) will be listed tomorrow (28th). It is currently at HK$2.5 on Phillip's grey market, 1.31 times higher than the grey market's IPO price of HK$1.08. Based on 2,000 shares per lot, excluding handling fees, the book value gain per lot is HK$2,840. It is currently at HK$2.59 on Bright Smart's grey market, 1.4 times higher than the grey market's IPO price. The book value gain per lot is HK$3,020.
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