According to market data, LUNG FUNG GROUP (02290) is scheduled to list on the Hong Kong exchange this Friday, June 5th. As of the latest update, the pre-market trading price on the platform is showing at HK$5.50. This represents an increase of 6.18% compared to its initial public offering price of HK$5.18.
Based on a board lot of 500 shares, and excluding transaction fees, this price movement translates to a profit of HK$160 for each board lot traded at the current level.
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