[ET Net News Agency, 29 December 2025] XUNCE (03317) will be listed tomorrow (30th). It is currently at HK$33 on Phillip's grey market, 31.3% lower than the grey market's IPO price of HK$48. Based on 100 shares per lot, excluding handling fees, the book value loss per lot is HK$1,500. It is currently at HK$33.98 on Bright Smart's grey market, 29.2% lower than the grey market's IPO price. The book value loss per lot is HK$1,402.