$XIZHI TECH-P(01879.HK)

Based on current market sentiment, congratulations to those who were allocated shares in Xizhi Technology for getting a piece of the pie. The grey market strategy is summarized below; no need to rush to sell.

1. The market is talking about gains of 300-400%. If it really hits 400%, decisively cash out and leave.

2. Don't get too hung up on whether to sell at 50%, 80%, 100%, or 150% gains. Focus on the price difference between Futu's grey market and Phillip's grey market. If the price is higher on Phillip's side and there's strong buy order support, you could consider holding for a few more days. More aggressive traders can try to pick up some shares on Futu.

3. The grey market trend is upward. Consider not selling in the grey market, and instead wait until the first trading day or a few days later to sell. Because cornerstone investors hold 68% and institutional allocations are locked up with little supply, it's highly likely they will still come in to buy.