Pre-Market Trading Sees AXERA Shares Drop Over 7% Ahead of Listing

Stock News02-09

AXERA (00600), which is scheduled to list on the Hong Kong exchange on Tuesday, February 10, opened lower in pre-market trading. As of the latest update, the stock was trading at HKD 26.2, down 7.09% from its IPO price of HKD 28.2. Based on a board lot of 100 shares, and excluding transaction fees, each lot would result in a loss of HKD 200.

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