[ET Net News Agency, 09 November 2023] HUASHI GROUP (01111) will be listed tomorrow
(10th). It is closed at HK$1.61 on Phillip's grey market, 54.8% higher than the IPO price
of HK$1.04. Based on 4,000 shares per lot, excluding handling fees, the book value gain
per lot is HK$2,280. It is currently at HK$1.62 on Bright Smart's grey market, 55.8%
higher than the IPO price. The book value gain per lot is HK$2,320.
The public offering of the stock was oversubscribed by 11.62 times. The winning rate of
one lot was 10.56%. One lot was distributed for subscription of 20 lots. The price is
based on the upper limit of the offer price ranging from HK$0.88 to HK$1.04. (ed)