Stocks | Medtino Set For Monday Listing As Grey Market Price Falls 17.6%

Medtino (02041) is due to list next Monday, and its grey market price was quoted at HK$12.7, 17.6% below the offer price shown by Phillip Securities, according to ETNet. Based on a board lot of 100 shares and excluding fees, that implies a paper loss of HK$272 per lot. Bright Smart also quoted the stock at HK$12.7, likewise 17.6% below the offer price shown by the firm, with the same HK$272 per-lot paper loss.