Mengxue Group's highest intraday listing price reached 287 Hong Kong dollars, making a profit of 8450 Hong Kong dollars per hand.

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Jinshi data March 3 news, Meixue Group (02097.HK) listed this morning, with a highest intraday price of 287 yuan, 41.7% higher than the offering price of 202.5 yuan, equivalent to a maximum account profit of 8450 Hong Kong dollars for 100 shares. The stock opened at 262 Hong Kong dollars, 29.38% higher than the offering price, and a low of 256 Hong Kong dollars. In the public offering, out of 93805 applicants for a subscription of 100 shares, 7504 were allotted 100 shares, with a subscription ratio of 8.00%. The number of valid applications was 264,992, the number of applications accepted was 70,212, and the subscription level was 5258.21 times.

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