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13/01/2023 18:35

{New Stock}PAGODA GP(02411) ends up 16.43% on grey market

[ET Net News Agency, 13 January 2023] PAGODA GP (02411) will be listed next Monday
(16th). It is closed at HK$6.52 on Phillip's grey market, 16.43% higher than the IPO price
of HK$5.6. Based on 500 shares per lot, excluding handling fees, the book value gain per
lot is HK$460. It is currently at HK$6.4 on Bright Smart's grey market, 14.29% higher than
the IPO price. The book value gain per lot is HK$400.
The public offering of the stock was oversubscribed by 11.2 times. The winning rate of
one lot was 19.99%. One lot was distributed for subscription of 16 lots. The price is
based on the lower middle level of the offer price ranging from HK$5 to HK$6.2. (ed)

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