The Hong Kong stock "New Tea second share" went viral on the first day of listing.
April twenty _ thirdNftfreetoplayandearnThe Hong Kong stock "New Tea drink second share" was listed on the stock market, with an intraday drop of more than 30%. As of press time, tea has dropped by 35%.Nftfreetoplayandearn.89%, report 11Nftfreetoplayandearn.22 HK dollars, with a turnover of about 111 million Hong Kong dollars. At HK $17.50 per share, or 200 shares per share, it means that retail investors are currently losing at least HK $1256 (excluding Margin fees and transaction fees).
According to the tea hundred shares offering documents, the success rate of tea hundred shares is 100%, which means that as long as retail investors hit the new market, they can be allocated. Among them, the total number of new students in Group An is 4589, and one person has won a maximum of 100000 shares, which means that the retail investor currently has a paper income loss of HK $628000.
But that's not the biggest loss.NftfreetoplayandearnAccording to the reporter's review of the IPO documents, there are only four people in Tea Baidao Group B, one of whom has subscribed for 1 million shares, which means that the large investor's current paper loss can reach 6.28 million Hong Kong dollars.
In fact, there are signs of today's collapse in the share price of Tea Baidao. First, yesterday's dark market performance, according to AIPO data, tea road yesterday dark market decline of 13.71%, the largest intraday decline of 15.43%. Generally speaking, Hong Kong new shares are allowed to be traded in the dark market before they are listed, that is, investors buy and sell stocks before the new shares are officially listed. This kind of trading is usually carried out within specific securities companies, not through the formal stock exchange, and the purpose of dark-market trading is mainly to test the market acceptance and price response to new shares in advance. On the other hand, dark trading has fallen sharply, which means that the market acceptance is low and investors take a cautious or negative view of its prospects. Therefore, the decline in share prices in dark trading will affect the confidence of subsequent investors, resulting in selling pressure when the stock is officially listed, further depressing the stock price.
Second, in the tea 100 new shares subscription, the public offering market retail enthusiasm is not high, and even undersubscribed. As of April 18, tea has been distributed to brokers.