Thai Beverage Company IFBH Surges 80% in Hong Kong Grey Market Trading

TigerJun 27, 2025 8:15 AM

View all comments（0）



Thai beverage company IFBH surged 80% in Hong Kong grey market trading.

The Thai beverage company IFBH, which operates the coconut water and young coconut drink brands "if" and "Innococo", closed its subscription on 25th.

238,000 people subscribed for the shares, resulting in an oversubscription of 2,690 times, involving HKD314.8 billion, sources divulged. This beat the 989 times oversubscription of Shouhui Group listed this year, potentially making it the fifth largest IPO in terms of oversubscription this year.

Based on multiple broker data, brokers have so far lent HKD259.483 billion in margin loans for IFBH's IPO. With the public offering portion raising HKD1.16 billion, the margin was oversubscribed by 2,239 times.

The listing of shares expected for June 30.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Qualcomm Stock Price Prediction: Next-Gen Snapdragon Chips Boost On-Device AI, Can QCOM Stock Continue to Rise?

TradingKey - Qualcomm (QCOM) unveiled the next-generation Snapdragon 8 Elite Gen 6 mobile platform at the 2026 Snapdragon Summit and introduced a higher-performance Extreme version.

South Korea's Kospi Opens Over 1% Higher as SK Hynix and Samsung Electronics Gain; Japanese Markets Closed

TradingKey - On September 23, South Korean stocks moved higher in early trading, with semiconductor shares performing actively. The Korea Composite Stock Price Index (KOSPI) opened 1.94% higher at 7,153.99 points, before narrowing its gain to 1.37% to trade at 7,113.74 points. Japanese stock markets are closed today for the Autumnal Equinox Day holiday.

Nasdaq Composite Hits Record High; SanDisk Tops $1,900 as Viral Muse Promises to Complete AI Commercialization Loop

On September 22, Eastern Time, the Nasdaq Composite Index hit a new record high, peaking at 27,272 points; the Nasdaq 100 Index crossed 30,000 points on September 21, serving as an important symbol of market sentiment; meanwhile, the Dow Jones Industrial Average was falling. The direct catalyst behind the Nasdaq's gain came from renewed capital inflows into tech stocks, coupled with pulling-back oil prices, a temporary easing of interest rate pressures, and the continued expansion of demand for AI infrastructure. At the sector level, memory chip stocks led the gains today, with SanDisk (SNDK) surging over 8% intraday to break through the $1,900 mark, while Micron (MU) and SK Hynix ADR (SKHY) rose more than 3%.

Meta Connect 2026 Preview: Phoenix Headset and AI Glasses Take Center Stage, Can Meta Reshape the XR Ecosystem?

TradingKey - Meta Platforms (META) will host its annual developer conference, Meta Connect 2026, in Menlo Park, California, from September 23 to 24. CEO Mark Zuckerberg will deliver the keynote address on September 23 at 4:00 PM PT, with developer-focused sessions taking place the following day.

Meta Shares Surge Over 8% to Highest Since February as Connect 2026 Nears, Muse Agent May Become New AI Variable

Meta Platforms (META) will hold its annual product event, Meta Connect 2026, from September 23 to 24 local time. As the company expands the focus of Connect from VR to AI, AR, smart glasses, and the metaverse, the market expects this year's conference to highlight hardware iterations and advancements in its AI strategy.

Featured Tools