---
title: "\"New Stock Listing\" KEYTOP PARKING opened 1.78 times higher than the offering price, with oversubscription of 2,000 times, earning HKD 4,233 per lot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290896683.md"
description: "KEYTOP PARKING was listed today, opening at HKD 110.1, which is 1.78 times higher than the offering price of HKD 39.55, with a profit of HKD 4,233 per lot. The public offering was oversubscribed by 2,114.21 times, with a winning rate of 2%. The grey market previously reported a price of HKD 119.9, which is 2.03 times higher than the pricing. The company raised approximately HKD 399 million in the IPO, and the international offering was also oversubscribed"
datetime: "2026-06-26T01:20:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290896683.md)
  - [en](https://longbridge.com/en/news/290896683.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290896683.md)
---

# "New Stock Listing" KEYTOP PARKING opened 1.78 times higher than the offering price, with oversubscription of 2,000 times, earning HKD 4,233 per lot

According to the Economic News Agency on the 26th, KEYTOP PARKING (02272) made its debut today, opening at HKD 110.1, which is 1.78 times higher than the offering price of HKD 39.55. Based on a board lot of 60 shares, this results in a profit of HKD 4,233 per lot, excluding transaction fees.

The public offering of the stock was oversubscribed by 2,114.21 times, with a 2% chance of winning a lot. To secure one lot, one would need to subscribe for 5,000 lots.

KEYTOP PARKING announced that the final offering price for each H share is HKD 39.55. Approximately 166,000 people applied for the Hong Kong public offering, which was oversubscribed by about 2,114.21 times. Among the 69,000 people who subscribed for one lot of 60 shares, 1,392 were allocated shares, resulting in an allocation rate of 2%. To secure one lot, one would need to subscribe for 300,000 shares. The stock closed at HKD 119.9 in the Bright Smart dark market yesterday (25th), which is 2.03 times higher than the offering price, resulting in a paper profit of HKD 4,821 per lot.

The group indicated that "top hammer flying" involved 505,620 shares, with 1,028 applicants each receiving 60 shares, and 1,020 of them receiving an additional 60 shares, resulting in an allocation rate of 0.02%. The shares offered in the Hong Kong public offering accounted for 10% of the total shares offered, while the international offering was oversubscribed by 4.56 times. The group raised approximately HKD 399 million through the IPO. (vs)

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