[ET Net News Agency, 9 December 2025] BAO PHARMA-B (02659) will be listed tomorrow
(10th). It is currently at HK$52.1 on Phillip's grey market, 97.5% higher than the grey
market's IPO price of HK$26.38. Based on 100 shares per lot, excluding handling fees, the
book value gain per lot is HK$2,572. It is currently at HK$51 on Bright Smart's grey
market, 93.3% higher than the grey market's IPO price. The book value gain per lot is
HK$2,462.