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Most Asked Questions

I note a warrant launched a week ago was issued at HK$0.25, but its price dropped to HK$0.20 on its first listing date. How could this happen?

The issue price of a warrant is determined based on the market factors prevailing on the launch date of a warrant. On the first trading day of a warrant (being 5 trading days after the launch date), it is possible that substantial changes have occurred in respect of the market factors affecting the price of that warrant.