New Stock Grey Market | UBOT HOLDING Soared Over 70% at One Point!

LB Select
2024.05.31 09:01

UBOT HOLDING, the world's third-largest semiconductor tray manufacturer, will be listed on the Hong Kong Stock Exchange on June 3rd (Monday).

In the grey market, the stock surged over 70% at one point, but the gain has now narrowed to 20%, trading at HKD 0.6.

This marks the first new listing on the Hong Kong Stock Exchange's GEM (Growth Enterprise Market) in three and a half years. According to AIPO data, UBOT HOLDING's subscription has been exceptionally hot, with its public fundraising amount for retail investors oversubscribed by 2262 times, ranking fifth in Hong Kong's history in terms of oversubscription multiples

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