Baogai New Materials (08090) Trades at HK$8.04 in Gray Market, Up 29.26% From IPO Price

According to Zhitong Finance, Baogai New Materials (08090) traded at HK$8.04 in gray-market trading today (July 7), up 29.26% from the IPO price of HK$6.22. Each hand of 500 shares generated a profit of HK$910 before transaction fees. The stock will be listed on Hong Kong Exchange on July 8.
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