New Stock Grey Market | Red Avenue New Materials (09607.HK) closes down nearly 17% in grey market, losing HK$738 per lot.

Zhito Finance APP has learned that Red Avenue New Materials (09607.HK) will be listed in Hong Kong on Tuesday, September 29. As of the close, Livermore Securities' grey market trading showed a quote of HK$36.62, down 16.77% from the offer price of HK$44. With 100 shares per lot, excluding fees, each lot lost HK$738.