[Utree Technology's New Shares See 'Grey Market' Transactions, Highest Offer at 520 Yuan Per Share, Approximately 3.45 Times the Issue Price] BlockBeats News, August 17: Utree Technology (688836.SH) has not yet officially listed, but trading around this popular new stock has already emerged in advance. Recently, platforms like Xianyu and other second-hand trading platforms have seen multiple posts about buying and selling the subscription rights for Utree Technology's new shares. Some intermediaries even refer to such transactions as 'grey market' deals. One post with an asking price of 500,000 yuan shows an investor selling the subscription rights for Utree Technology's new shares, describing it as the 'first leading humanoid robot stock on the STAR Market.' A screenshot of the seller's securities account reveals that after applying for 6,000 shares, they were allocated 500 shares. Based on Utree Technology's issue price of 150.80 yuan per share, the subscription required a payment of 75,400 yuan. Currently, multiple intermediaries are acquiring Utree Technology's new shares through various channels, with significant discrepancies in market quotes. Some intermediaries have offered as high as 520 yuan per share, approximately 3.45 times the issue price, while others have quoted 410 yuan per share, about 2.72 times the issue price. For this issuance, Utree Technology's initial online offering is limited to just 6.471 million shares. Calculated at 500 shares per lot, there are only about 12,900 winning numbers in the entire market. Due to the limited issuance scale, high market attention, and investors' strong expectations for its post-listing performance, some intermediaries and investors have begun attempting to trade subscription rights before the official listing. However, multiple market participants, including brokers and public fund managers, have stated that they have not previously heard of so-called 'grey market' transactions for STAR Market IPOs. The private acquisition of new shares in the A-share market essentially constitutes informal verbal agreements, which are not legally protected and carry significant compliance and performance risks. [Original Link]