[ET Net News Agency, 4 December 2025] XIAO NOODLES (02408) will be listed tomorrow
(5th). It is currently at HK$6.18 on Phillip's grey market, 12.2% lower than the grey
market's IPO price of HK$7.04. Based on 500 shares per lot, excluding handling fees, the
book value loss per lot is HK$430. It is currently at HK$6.06 on Bright Smart's grey
market, 13.9% lower than the grey market's IPO price. The book value loss per lot is
HK$490.