For a small-cap like Nason Technology, I chose to sell in the grey market.
The sell price was 16.7 HKD, which was exactly the closing price. My profit was about 600 yuan. The intraday high was a gain of 63.15%, with the price hitting 17 HKD.
The characteristic of small-cap stocks is that they like to surge and then pull back. But Nason Technology showed steady, balanced performance instead. This suggests that funds still favor this kind of sector.
In most cases, if I have profit, I’ll choose to sell in the grey market, and I don’t hold any IPO (new issue) lottery stocks. For flat or slightly down days, I decide when to sell based on how the stock performs on the day it opens.
Some classmates held on until today’s first-lot sale. There’s no right or wrong—trading styles differ.
Hong Kong stock IPO trading isn’t like a few years ago when it was often a feast. Now it’s very competitive (crowded), and the returns are also low.
But with a few thousand or tens of thousands as capital, small retail investors can still play. Just stick with it, and small gains add up over time.
Last time I got hit by Inspur (e.g., “Catching Face” when it went against me) at JIJI XuChuang; this time, at last, I managed to eat meat.
The sell price was 16.7 HKD, which was exactly the closing price. My profit was about 600 yuan. The intraday high was a gain of 63.15%, with the price hitting 17 HKD.
The characteristic of small-cap stocks is that they like to surge and then pull back. But Nason Technology showed steady, balanced performance instead. This suggests that funds still favor this kind of sector.
In most cases, if I have profit, I’ll choose to sell in the grey market, and I don’t hold any IPO (new issue) lottery stocks. For flat or slightly down days, I decide when to sell based on how the stock performs on the day it opens.
Some classmates held on until today’s first-lot sale. There’s no right or wrong—trading styles differ.
Hong Kong stock IPO trading isn’t like a few years ago when it was often a feast. Now it’s very competitive (crowded), and the returns are also low.
But with a few thousand or tens of thousands as capital, small retail investors can still play. Just stick with it, and small gains add up over time.
Last time I got hit by Inspur (e.g., “Catching Face” when it went against me) at JIJI XuChuang; this time, at last, I managed to eat meat.