Four New IPOs Show Divergent Grey Market Performance; True Health Medical-B (02697.HK) Leads Surge with 136% Gain

NewTimeSpace · 2026/06/29 16:25 · By Mingzhe Sun

NewTimeSpace News: Four newly listed candidates posted divergent grey market trading performance today. As of press time, True Health Medical-B (02697.HK) traded at HK$298 in the grey market, surging 136.13% from its offer price of HK$126.2, ranking first among all four stocks. Xunlong Technology (06715.HK) rose 54.97% to HK$117; Jiangxi Biotech (06915.HK) climbed 33.57% to HK$14.96; Laifu Harmonic Drive (03952.HK) advanced 16.96% to HK$100. All four new shares are scheduled for official listing on 30 June.

NewTimeSpace News: On 29 June 2026, four IPOs launched grey market trading simultaneously with widely varied price movements, and all are set to debut on the main board on 30 June.

As of press time, True Health Medical-B (02697.HK) delivered the strongest grey market performance, quoted at HK$298, representing an increase of HK$171.8 or 136.13% versus its HK

$126.2 offer price.Xunlong Technology (06715.HK) traded at HK$117, up 54.97% from the HK$75.5 offer price;Jiangxi Biotech (06915.HK) stood at HK$14.96, marking a 33.57% gain on its HK$11.2 offer price;Laifu Harmonic Drive (03952.HK) changed hands at HK$100, rising 16.96% compared to the HK$85.5 offer price.

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