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Five of six new stocks are underwater in gray market trading; Luxshare Precision falls 5%.
July 9, 2026
Six new stocks' dark pools: five 'dive', Luxshare Precision drops 5%
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Seven new stocks will be listed today in succession. Except for Dongfang Kemai (01770), which was postponed to today, five of the other six new stocks saw their dark pools 'dive'. Shenzhen-listed 'Apple supply chain' giant Luxshare Precision (02475) closed at HKD 60.15 in both Futu and Phillips dark pools yesterday, down nearly 5% or HKD 3.13 from the offer price of HKD 63.28; a one-lot loss of HKD 313. According to the latest allotment results, Luxshare Precision's public offering was oversubscribed 2.78 times, with a one-lot... (Excerpt)