IPO Grey Market | China Vision Group (01111) grey market closed with a gain of 54.81%, earning HKD 2,280 per lot.

18:39 09/11/2023

Huashijituan (01111) will be listed in Hong Kong on November 10th (Friday).

Huashi Group (01111) will be listed in Hong Kong on November 10th (Friday). As of the close, Levermore Securities' grey market trading showed a price of HKD 1.61, a 54.81% increase compared to the IPO price of HKD 1.04. With 4,000 shares per lot and excluding transaction fees, one can earn HKD 2,280 per lot.

HAITONG INT'L: First coverage of TSUGAMI CHINA (01651) with an "outperform" rating and target price of HKD 46.94.

Hong Kong Property: It is expected that there may be a chance to challenge 6,000 residential property registrations in January, which will be the second highest number in six months.

Fitch Ratings: The residential property market in Hong Kong is expected to maintain a modest recovery trend, while the commercial real estate sector may continue to face pressure.

HAITONG INT'L: First coverage of TSUGAMI CHINA (01651) with an "outperform" rating and target price of HKD 46.94.

Hong Kong Property: It is expected that there may be a chance to challenge 6,000 residential property registrations in January, which will be the second highest number in six months.

Fitch Ratings: The residential property market in Hong Kong is expected to maintain a modest recovery trend, while the commercial real estate sector may continue to face pressure.