News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
MIDEA GROUP (00300.HK) Opens Up 3% to $56.45 on Gray Mkt
A home appliance manufacturer in mainland China, MIDEA GROUP (00300.HK), will be listed in HK tomorrow (17th). According to PhillipMart, MIDEA GROUP's gray market opening price...
Reset
Send
The window will close in 5 seconds
MIDEA GROUP (00300.HK) Opens Up 3% to $56.45 on Gray Mkt
Close
Recommend
24
Positive
15
Negative
20
 
 

A home appliance manufacturer in mainland China, MIDEA GROUP (00300.HK)  -0.250 (-0.389%)   , will be listed in HK tomorrow (17th). According to PhillipMart, MIDEA GROUP's gray market opening price was $56.45, up 3% from the offer price of $54.8. Based on a board lot size of 100 shares, the stock booked a gain of $165, excluding handling fees. On the gray market, MIDEA GROUP last surged 4.92% at $57.45 in early session.

In addition, Futu's data showed that MIDEA GROUP's opened at $56.5 on gray market, 3.1% above the offer price.
(HK stocks quote is delayed for at least 15 mins.)

Related NewsHSBC Research: HKEX (00388.HK), BOC HONG KONG (02388.HK) Preferred in Rate Cut Cycle

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.