Shares of LONGBIO-B (01779), which is scheduled to commence trading on the Hong Kong Stock Exchange this Friday, June 5th, have surged dramatically in pre-market dealings.
As of the latest update, the pre-market price is indicated at HK$225.80, representing a substantial increase of approximately 135.06% from its initial public offering price of HK$96.06.
Based on a board lot size of 50 shares and excluding transaction fees, this price movement translates to a profit of HK$6,487 for each board lot held.
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