NASN TECH (02261) is set to begin trading on the Hong Kong Stock Exchange this Friday, August 7. As of the time of writing, the grey market price has climbed to HK$15.70 per share, representing a 50.67% surge from its initial public offering price of HK$10.42. With each board lot consisting of 100 shares, an investor who purchased the stock at the offer price would secure a gross profit of HK$528 per lot, before accounting for transaction fees.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments