New stock gray market | Francs Group (02499) gray market initially rose nearly 8%, earning HKD 224 per lot.

Fransen Corporation (02499) will be listed in Hong Kong on November 10 (Friday). As of the time of writing, Lifemo Securities' dark market trading shows a quoted price of HKD 15.40, a 7.84% increase from the offer price of HKD 14.28. With 200 shares per lot and excluding transaction fees, one can earn HKD 224 per lot.