Philips Securities Ipo Grey Market
The grey market works before the ipo listing and during the days from ipo start date to the allotment date.
Philips securities ipo grey market. Phillipmart is the first trading platform licensed by the securities and futures commission sfc to provide trading of pre ipo shares prior to their official listing on the sehk. Phillip securities is the first broking house in singapore and hong kong to offer customers the pre ipo trading channel. It rose to hk 11 50 before.
Pt phillip sekuritas indonesia has been established since 1989 and is a trusted foreign retail securities broker at indonesia stock exchange idx. Pt phillip sekuritas indonesia is a member of phillipcapital group in singapore which established in 1975. The grey market premium aka ipo gmp is a term people use in the ipo market to check what is the estimated price the ipo might list on the grey market is unofficial but investors looking at the grey market price of an ipo to get the fixed gain of the stock.
Hong kong reuters pop mart shares opened 100 higher in its hong kong stock market debut on friday after the chinese toy maker raised 676 million in an initial public offering ipo. Phillipmart grey market 輝立交易場 暗盤. Hong kong dec 11 reuters.
The stock opened 36 4 higher at hk 10 50 at a pre initial public offering trading platform run by phillip securities compared with the offer price of hk 7 70 apiece. The company priced its ipo shares at hk 38 50 in the deal that was hotly contested by institutional and retail investors. Phillipmart is the first trading platform licensed by the securities and futures commission sfc to provide trading of pre ipo shares prior to their official listing on the sehk.
Phillipmart has updated its trading hours from 4 15pm to 6 30pm one business day prior to the official listing date of the new shares effective from monday 30 march. The hong kong pre ipo trading market is a channel provided by phillip securities for customers to trade hong kong shares one day before their official listing in the hong kong exchange. Pop mart shares opened 100 higher in its hong kong stock market debut on friday after the chinese toy maker raised 676 million in an initial public offering ipo.
