Lingyi Smart Manufacturing (01688) Rises 21% in Hong Kong IPO Gray Market, Listing June 26

According to Livermore Securities, Lingyi Smart Manufacturing (01688) gray market trading on June 25 priced at HK$12.32, up 21.02% from the IPO price of HK$10.18. At 660 shares per board lot, investors would gain HK$1,412.4 per lot before fees. The stock is set to list on Hong Kong Exchanges on June 26.
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