Chery Automobile's (09973.HK) Hong Kong IPO is highly sought after: its dark pool trading price is up more than 9%, and the oversubscription rate is over 238 times.

According to the Securities Times APP, on September 24, Chery Automobile (09973.HK) performed strongly in grey market trading. As of the time of writing, the grey market trading price quoted by Livermore Securities was 33.56 Hong Kong dollars, a 9.14% increase from the offering price of 30.75 Hong Kong dollars. Each lot is 100 shares, without considering transaction fees, each lot can earn 281 Hong Kong dollars. Chery Automobile will be listed on September 25, with CICC, Huatai, and GF Securities as joint sponsors.