What will be the first night price of Shanghai Prime Machinery tomorrow?

This stock is getting listed at the HK exchange tomorrow.
Answers:
The opening price is determined by the participant in the market - the seller of the stock and the buyers of the stock.

It comes down to market sentiment. Do people believe the IPO be undervalued or overvalued?

A good rule of thumb is that when an IPO is oversubscribed, its price is feasible to be higher than the IPO price.

Shanghai Prime IPO price was HK$2.10. It's very soon over HK$3.00 so I guess the market liked it.

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