[ET Net News Agency, 14 December 2022] BUYANG INTL (02457) will be listed tomorrow
(15th). It is closed at HK$0.4 on Phillip's grey market, 20% lower than the IPO price of
HK$0.5. Based on 5,000 shares per lot, excluding handling fees, the book value loss per
lot is HK$500. It is currently at HK$0.395 on Bright Smart's grey market, 21% lower than
the IPO price. The book value loss per lot is HK$525.
The public offering of the stock was oversubscribed by 50.22 times. The winning rate of
one lot was 20.01%. One lot was distributed for subscription of 14 lots. The price is
based on the lower limit of the offer price ranging from HK$0.5 to HK$0.6. (ed)