Basic Semiconductor (09971) Rises 9.8% in Hong Kong Dark Market Opening Ahead of July 8 Listing

According to Zhitong Finance, Basic Semiconductor (09971) traded at 34.72 HKD in the Hong Kong dark market opening today, up 9.8% from its IPO price of 31.62 HKD, according to Livermoore Securities data. Each lot of 200 shares would generate a profit of 620 HKD at the opening price, before transaction fees. The company is set to list on July 8.
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