SHOUGANG LANZA (02553) is scheduled to commence trading on the Hong Kong exchange this Wednesday, June 3rd. In pre-market or 'dark pool' trading activity, the stock is currently indicated at HK$18.8. This represents a significant gain of 28.77% over its initial public offering price of HK$14.6.
Based on a standard board lot of 200 shares, this price movement translates to a paper profit of HK$840 per lot, before accounting for any brokerage commissions or transaction fees.
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