Sturgeon Dragon Tech (06715) Surges 38% in Gray Market Ahead of Hong Kong Listing on June 30

According to ZhiTong Finance, Sturgeon Dragon Technology (06715) will list on the Hong Kong Stock Exchange on June 30. As of market close, gray market trading on Livermore Securities showed the stock quoted at HK$104.5, up 38.41% from the IPO price of HK$75.5. Per lot of 100 shares, investors can gain HK$2,900 before transaction fees.
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