New Stock Grey Market | Red Avenue New Materials (09607.HK) fell over 11% at the beginning of grey market trading, losing HK$520 per lot.

Zhito Finance APP has learned that Red Avenue New Materials (09607.HK) will be listed in Hong Kong on Tuesday, September 29. In early after-hours trading today, as of press time, Livermore Securities' after-hours trading showed a quote of HK$38.8, down 11.82% from the offer price of HK$44, with each lot of 100 shares. Excluding fees, each lot would incur a loss of HK$520.