HK IPOAI

TONGSHIFU

00664Listed

消費 · 杭州铜师傅文创(集团)股份有限公司是一家在中国人民共和国注册成立的股份有限公司,主要从事铜制工艺品的设计、生产和销售。

TONGSHIFU (銅師傅) (00664) 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$60.00
Final offer price
HK$60.00
One-lot win rate
2.8%

Predicted 10.7%

Proceeds
HK$444.4M
Public oversub.
59.5x

Lot / entry fee 100 shares · HK$6K · Sponsor CMB International

  1. Offer starts Mar 23
  2. /Offer closes Mar 26
  3. /Grey market Mar 30
  4. /Listing Mar 31Now

SubscriptionTONGSHIFU: 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
Neutral
Reference score
67.3
Forecast grey range
+7.5% – +86.2%

Pre-greyTONGSHIFU: 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
Neutral
Reference score
71.2
Forecast grey range
+8.3% – +87.3%

Post-greyTONGSHIFU: 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
59
Forecast first-day range
-45.3% – -7.6%
View factors and research
Model forecastListing-day trendCautiousUp probability 39.9%
Published outcome check
First-day resultBig down-49.2%
Our call: Trend call valid
Covered 16/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Medium heat
Offer size
Good quality
Cornerstone lockup
Post-lockup offer value
Recent same-rule trend
Neutral trend
Recent same-type trend
Positive trend
Recent sector trend
Strong trend
Valuation
Average appeal
Fundamental quality
Weaker quality
Growth quality
Average quality
Profitability
Weaker quality
Cash runway
Customer concentration
Cornerstone quality
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordCMB International
Poor record
A-share pre-grey trend
A-share listing-day trend
Public oversubscription
High heat
One-lot win rate
High heat
International placing
High heat
Final pricing position
Actual greenshoe use
Grey market return
Poor 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$42.20
-29.67%
62.1451.1040.06HK$60.0016:1518:35
Listing price
HK$60.00
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

TONGSHIFU: predicted allotment

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

1 lot
10.7%

Official 2.8%

A tail · Apply 800 lots
2.88 lots

Official 22.41 lots

B head · Apply 900 lots
8.96 lots

Official 25.17 lots

Top hammer
36.17 lots

Official 102.71 lots

Most likely allotment patternLarger Pool A applications get less extra allotmentPool B allotment is similar across tiersView 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 TONGSHIFU?

Public allotment filings put the official one-lot rate at 2.8%, versus this site's pre-allotment model estimate of 10.7%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 800 lots and B-head is 900 lots, representing about HK$4.8M and HK$5.4M of application principal. Official average allotment was 22.41 lots and 25.17 lots, versus pre-allotment model estimates of 2.88 lots and 8.96 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about -29.8%, versus -49.2% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does TONGSHIFU 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.