[ET Net News Agency, 08 November 2022] MANY IDEA CLOUD (06696) will be listed tomorrow
(9th). It is currently at HK$2.32 on Phillip's grey market, 18.37% higher than the IPO
price of HK$1.96. Based on 2,000 shares per lot, excluding handling fees, the book value
gain per lot is HK$720. It is currently at HK$2.4 on Bright Smart's grey market, 22.45%
higher than the IPO price. The book value gain per lot is HK$880.
The public offering of the stock was oversubscribed by 1.81 times. The winning rate of
one lot was 50.77%. One lot was distributed for subscription of 2 lots. The price is based
on the close to the lower limit level of the offer price ranging from HK$1.88 to HK$2.38.
(ed)