[ET Net News Agency, 19 January 2023] HUAIBEI GD CO (02450) will be listed tomorrow
(20th). It is closed at HK$1.17 on Phillip's grey market, 38.74% lower than the IPO price
of HK$1.91. Based on 1,500 shares per lot, excluding handling fees, the book value loss
per lot is HK$1,110. It is currently at HK$1.15 on Bright Smart's grey market, 39.79%
lower than the IPO price. The book value loss per lot is HK$1,140.
The public offering of the stock was oversubscribed by 11.26 times. The winning rate of
one lot was 30%. One lot was distributed for subscription of 6 lots. The price is based on
the lower limit of the offer price ranging from HK$1.91 to HK$2.31. (ed)