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29/06/2022 18:35

{New Stock}TI CLOUD(02167) ends down 15.8% on grey market

[ET Net News Agency, 29 June 2022] TI CLOUD (02167) will be listed tomorrow (30th). It
is closed at HK$10.82 on Phillip's grey market, 15.8% lower than the IPO price of
HK$12.85. Based on 200 shares per lot, excluding handling fees, the book value loss per
lot is HK$406. It is currently at HK$10.7 on Bright Smart's grey market, 16.73% lower than
the IPO price. The book value loss per lot is HK$430.
The public offering of the stock was oversubscribed by 0.17 time. The winning rate of
one lot was 90.02%. One lot was distributed for subscription of 2 lots. The price is based
on the lower limit of the offer price ranging from HK$12.85 to HK$13.85. (ed)

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