Key Takeaways:
- Viewtrix Tech opened 22.9% above its listing price on the gray market
- The stock last traded at HK$26.26, up 26.2% from the IPO price
- Combined gray market turnover reached HK$69.88 million on 2.69 million shares
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Viewtrix Tech surges 26% in gray market ahead of HK listing
Viewtrix Tech (03310.HK) opened 22.9% above its listing price on the gray market ahead of its May 27 Main Board debut.
The stock last changed hands at HK$26.26, up 26.2% from the listing price, on volume of 1.77 million shares and turnover of HK$45.98 million, according to Futu data. PhillipMart data showed the stock opened 34.6% higher at HK$28 and last traded at HK$26.48, up 27.2%, with 915,000 shares changing hands and turnover of HK$23.9 million.
Combined gray market turnover across the two platforms totaled HK$69.88 million on 2.69 million shares, reflecting active pre-listing interest from investors.
The gray market premium signals strong demand ahead of the company's official listing. First-day trading on May 27 will test whether the momentum can sustain as the stock transitions to regular exchange trading.
This article is for informational purposes only and does not constitute investment advice.
