---
title: "New Stock Grey Market | MIGAO GROUP's grey market debut rose by over 7%, earning HKD 290 per lot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/200249950.md"
description: "MIGAO GROUP is scheduled to be listed in Hong Kong on March 21st (Wednesday). As of the time of publication, the grey market trading indicates a price of HKD 4.37, up 7.11% from the IPO price of HKD 4.08. With 1000 shares per lot and excluding transaction fees, a profit of HKD 290 can be made per lot"
datetime: "2024-03-20T08:41:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/200249950.md)
  - [en](https://longbridge.com/en/news/200249950.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/200249950.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/200249950.md) | [繁體中文](https://longbridge.com/zh-HK/news/200249950.md)


# New Stock Grey Market | MIGAO GROUP's grey market debut rose by over 7%, earning HKD 290 per lot

According to the Zhitong Finance and Economics APP, MIGAO GROUP (09879) will be listed in Hong Kong on March 21st (Wednesday). As of the time of publication, the grey market trading shows a price of HKD 4.37, up 7.11% from the offer price of HKD 4.08. With 1000 shares per lot, excluding handling fees, a profit of HKD 290 per lot can be made

### Related Stocks

- [MIGAO GROUP (09879.HK)](https://longbridge.com/en/quote/09879.HK.md)

## Related News & Research

- [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/en/news/281331957.md)
- [Several Baidu Apollo Go Robotaxis Freeze In China, Raising Concerns About AV Safety: Report](https://longbridge.com/en/news/281345987.md)
- [Nio to launch 2026 ES6, EC6, ET5, and ET5 Touring on Apr 2](https://longbridge.com/en/news/281291925.md)
- [PREVIEW-Tesla Q1 deliveries likely to dip sequentially as EV demand softens](https://longbridge.com/en/news/281342986.md)
- [‘Still Essentially an EV Maker’: Canaccord Lowers Tesla (TSLA) Stock’s Price Target Ahead of Q1 Delivery Update](https://longbridge.com/en/news/281182356.md)