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<IPO>MANYCORE TECH (00068.HK) Surges ~1.7x in Grey Mkt; Public Offer Oversubscribed by 1,590x+
Recommend 19 Positive 26 Negative 17 |
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MANYCORE TECH (00068.HK), one of the "Six Little Dragons of Hangzhou", was listed today (17th). On Futu's grey market, the stock closed at HKD20.52, representing a 1.69x spike from its IPO price of HKD7.62, with turnover of HKD222 million. A board lot of 500 shares generated a book gain of HKD6,450. On Phillip's grey market, the stock closed at HKD19.6, up 1.57x, with turnover of HKD181 million, translating into a book gain of HKD5,990 per board lot. The Hong Kong public offering received subscription of more than 1,590 times. The success rate for one board lot of 500 shares was 3%, according to the allotment results. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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