ListWorks Precision Drops 4.95% in Gray Market, Loses HK$313 Per Lot Ahead of July 9 Hong Kong Listing

According to ZhiTong Finance, ListWorks Precision (02475) will be listed on Hong Kong Stock Exchange on July 9 (Thursday). As of market close, gray market trading via Livermore Securities showed the stock trading at HK$60.15, down 4.95% from its initial public offering price of HK$63.28. At HK$100 per lot (100 shares), investors would face a loss of HK$313 per lot, excluding transaction fees.
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