Binhua Ltd. Dark Market Shares Fall 15% to HK$2.95 Ahead of July 10 Hong Kong Listing

According to ZhiTong Finance, Binhua Ltd. (06745) will be listed in Hong Kong on July 10. As of July 9, dark market trading on Livermore Securities showed the stock quoted at HK$2.95, down 15.23% from the IPO price of HK$3.48. Each lot of 1,000 shares represents a loss of HK$530 per hand before fees.
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