HK IPOAI

WUXI LEAD

00470A+HListed

新能源/電力設備 · 无锡先导智能装备股份有限公司是一家在中国注册的股份有限公司,主要从事智能装备的研发、生产和销售。

WUXI LEAD (先導智能) (00470) is a listed Hong Kong IPO. This page brings together the offer price, entry fee, subscription timeline, grey-market context, allotment data and stage-based reference research in one place.

Offer price
HK$45.80
Final offer price
HK$45.80
One-lot win rate
18.0%

Predicted 30.5%

Proceeds
HK$4.93B
Public oversub.
79.5x

Lot / entry fee 100 shares · HK$5K · Sponsor CITIC Securities / J.P. Morgan

  1. Offer starts Feb 3
  2. /Offer closes Feb 6
  3. /Grey market Feb 10
  4. /Listing Feb 11Now

SubscriptionWUXI LEAD: subscription-stage reference

The subscription stage draws on the prospectus, sponsor record and early public filings. Allotment results and grey-market prints have not occurred yet.

Earlier stage
Reference rating
Cautious
Reference score
58.5
Forecast grey range
-22.2% – +3.9%

Pre-greyWUXI LEAD: pre-grey-market reference

The pre-grey stage includes published allotment and public oversubscription data. Grey-market prints are not yet reflected here.

Earlier stage
Reference rating
Cautious
Reference score
61.2
Forecast grey range
-24.0% – +2.1%

Post-greyWUXI LEAD: post-grey-market reference

The post-grey stage includes grey-market price and turnover observations. Listing-day results still follow official trading and company announcements.

Current
Reference rating
Cautious
Reference score
60.2
Forecast first-day range
-4.9% – +6.2%
View factors and research
Model forecastListing-day trendNeutral-negativeUp probability 40.8%
Published outcome check
First-day resultFlat0.0%
Our call: Trend call valid
Covered 23/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Weaker quality
Cornerstone lockup
Strong support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Strong trend
Recent same-type trend
Weak trend
Recent sector trend
Positive trend
Valuation
Weak appeal
Fundamental quality
Good quality
Growth quality
Weak quality
Profitability
Weaker quality
Cash runway
Customer concentration
High risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordJ.P. Morgan
Poor record
A-share pre-grey trend
Poor trend
A-share listing-day trend
Poor trend
Public oversubscription
High heat
One-lot win rate
Medium heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use +100.0%
Low support
Grey market return
Neutral trend

The assessment and probability ranges are informational only and are not investment advice.

AI Research Report

Post-grey
The analysis report for this IPO is being generated.

Last updated 18:35:03

HK$46.18
+0.83%
46.2345.9945.75HK$45.8016:1518:35
Listing price
HK$45.80
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

WUXI LEAD: predicted allotment

Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.

1 lot
30.5%

Official 18.0%

A tail · Apply 1,000 lots
4.85 lots

Official 10 lots

B head · Apply 1,500 lots
20.04 lots

Official 27.08 lots

Top hammer
240.37 lots

Official 219 lots

Most likely allotment patternLarger Pool A applications get less extra allotmentPool B allotment declines gradually with sizeView full allotment-odds research

How to read this page

These answers combine this IPO’s published figures with clearly labeled model estimates. They explain how to read the modules above and are not investment advice.

What is the one-lot allotment rate for WUXI LEAD?

Public allotment filings put the official one-lot rate at 18.0%, versus this site's pre-allotment model estimate of 30.5%. It is an observation for a 1-lot application, not a guaranteed result.

What is the difference between A-tail and B-head for WUXI LEAD?

Based on the prospectus's legal application tiers, A-tail is 1,000 lots and B-head is 1,500 lots, representing about HK$4.6M and HK$6.9M of application principal. Official average allotment was 10 lots and 27.08 lots, versus pre-allotment model estimates of 4.85 lots and 20.04 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

Can the grey-market price of WUXI LEAD be treated as the listing price?

The compiled grey-market observation is about +1.4%, versus 0.0% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does WUXI LEAD have three reference ratings?

The current status is "Listed", so start with the post-grey section. Subscription, pre-grey and post-grey each use only the public information available at that point, so the score can change. Labels are high attention / neutral / caution only — informational comparison, not a buy or subscribe call.