DRA 0.00% $1.96 dra global limited

Ann: Approval in-principle from Hong Kong Stock Exchange, page-6

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  1. 6,756 Posts.
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    Yes I'm sure it's going to attract a higher price in Hong Kong going forward.

    As a matter of interest, a grey market exists in Hong Kong that operates only the business day before the IPO is listed. So it will operate tonight for Dragon between the hours of 7:15pm to 9:30pm(Sydney time) - this is a live, real market and can be viewed on this website:

    https://www.poems.com.hk/en-us/product-and-service/initial-public-offerings/phillipmart/

    (it should come up in the left hand corner after 7:15pm but if it doesn't then click on the red 'Facebook Version' button to get the feed) 

    It is not necessarily a good indicator as to how it will trade when officially listed on Monday as this week's two IPO's closed on the grey market at flat to down but have risen nicely since listing on HKEx.

    At least it could be interesting to have a look tonight with a glass of red in hand.

 
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