[ET Net News Agency, 22 December 2025] QINGSONG HEALTH (02661) will be listed tomorrow (23rd). It is currently at HK$45.5 on Phillip's grey market, 1.01 times higher than the grey market's IPO price of HK$22.68. Based on 200 shares per lot, excluding handling fees, the book value gain per lot is HK$4,564. It is currently at HK$43 on Bright Smart's grey market, 89.6% higher than the grey market's IPO price. The book value gain per lot is HK$4,064.