HK IPOAI

ESWIN COMPUTING

01256Listed

半導體 · 公司研发并销售人机交互、多媒体处理、互联互通及计算芯片产品,并围绕RISC-V核心、硬件、软件及工具链进行深度整合与效率优化,主要通过第三方分销商向客户销售。

ESWIN COMPUTING (01256) 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$1.48 – 1.59
Final offer price
HK$1.55
One-lot win rate
10.0%

Predicted 53.5%

Proceeds
HK$2.51B
Public oversub.
9.1x

Lot / entry fee 2000 shares · HK$3K · Sponsor CITIC Securities / China Securities International

  1. Offer starts Sep 28
  2. /Offer closes Oct 6
  3. /Grey market Oct 8
  4. /Listing Oct 9Now

SubscriptionESWIN COMPUTING: 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
54.3
Forecast grey range
-8.5% – +58.5%

Pre-greyESWIN COMPUTING: 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
55.6
Forecast grey range
-7.6% – +62.2%

Post-greyESWIN COMPUTING: 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
56.9
Forecast first-day range
-9.0% – +24.1%

Data updated · Oct 9, 2026, 18:44 HKT

View factors and research
Model forecastListing-day trendCautiousUp probability 72.3%
Published outcome check
First-day resultDown-5.8%Normal
Our call: Trend call valid
Covered 20/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Weak heat
Offer size
Weaker quality
Cornerstone lockup
Strong support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Poor trend
Recent same-type trend
Strong trend
Recent sector trend
Strong trend
Valuation
Weak appeal
Fundamental quality
Weak quality
Growth quality
Average quality
Profitability
—
Cash runway
Weak quality
Customer concentration
High risk
Cornerstone quality
Weak support
Sponsor record
Strong record
Greenshoe arrangementNo greenshoe
Stabilizer track record
—
A-share pre-grey trend
—
A-share listing-day trend
—
Public oversubscription
Weak heat
One-lot win rate
Medium heat
International placing
High heat
Final pricing position
Good pricing
Actual greenshoe use
—
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 18:29:36

HK$1.54
-0.65%
1.611.441.27HK$1.5516:1517:2718:29
Listing price
HK$1.55
Open
HK$1.55
High
HK$1.58
Low
HK$1.25
Bid / Ask
HK$1.54 / HK$1.54
Volume
34,560,000
Turnover 50,388,920View source

ESWIN COMPUTING: predicted allotment

Data updated · Oct 9, 2026, 18:40 HKT

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

1 lot
53.5%

Predicted

Official
10.0%
A tail · Apply 1,500 lots
17.54 lots

Predicted

Official
146.2 lots
B head · Apply 2,000 lots
149.11 lots

Predicted

Official
251.46 lots
Top hammer
2,863.68 lots

Predicted

Official
4,935 lots
Most likely allotment pattern:Larger Pool A applications get less extra allotment;Pool 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 ESWIN COMPUTING?

Public allotment filings put the official one-lot rate at 10.0%, versus this site's pre-allotment model estimate of 53.5%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 1,500 lots and B-head is 2,000 lots, representing about HK$4.7M and HK$6.2M of application principal. Official average allotment was 146.2 lots and 251.46 lots, versus pre-allotment model estimates of 17.54 lots and 149.11 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about +0.5%, versus -5.8% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does ESWIN COMPUTING 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.