HK IPOAI

LINGYI ITECH

01688A+HListed

家電/消費電子 · LINGYI ITECH(广东)是一家在中国注册的股份有限公司,主要从事信息技术业务。

LINGYI ITECH (領益智造) (01688) 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$10.18
Final offer price
HK$10.18
One-lot win rate
1.2%

Predicted 7.8%

Proceeds
HK$8.26B
Public oversub.
96.2x

Lot / entry fee 660 shares · HK$7K · Sponsor Guotai Junan

  1. Offer starts Jun 17
  2. /Offer closes Jun 23
  3. /Grey market Jun 25
  4. /Listing Jun 26Now

SubscriptionLINGYI ITECH: 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
57.3
Forecast grey range
+8.2% – +38.6%

Pre-greyLINGYI ITECH: 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
62.5
Forecast grey range
+13.6% – +46.8%

Post-greyLINGYI ITECH: 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
Neutral
Reference score
68.7
Forecast first-day range
+10.6% – +27.4%
View factors and research
Model forecastListing-day trendNeutral watchUp probability 55.0%
Published outcome check
First-day resultFlat-2.3%Intraday reversal down
Our call: Neutral watch
Covered 21/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Medium heat
Offer size
Weak quality
Cornerstone lockup
Average support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Strong trend
Recent same-type trend
Weak trend
Recent sector trend
Poor trend
Valuation
Weak appeal
Fundamental quality
Average quality
Growth quality
Average quality
Profitability
Weaker quality
Cash runway
Customer concentration
High risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementNo greenshoe
Stabilizer track record
A-share pre-grey trend
Strong trend
A-share listing-day trend
Positive trend
Public oversubscription
High heat
One-lot win rate
High heat
International placing
High heat
Final pricing position
Actual greenshoe use
Grey market return
Strong 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 18:35:05

HK$12.17
+19.55%
12.4111.189.94HK$10.1816:1518:35
Listing price
HK$10.18
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

LINGYI ITECH: predicted allotment

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

1 lot
7.8%

Official 1.2%

A tail · Apply 700 lots
10.19 lots

Official 8.59 lots

B head · Apply 800 lots
8.31 lots

Official 7.22 lots

Top hammer
593.93 lots

Official 555 lots

Most likely allotment patternPool A is closer to allotment by application sizePool 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 LINGYI ITECH?

Public allotment filings put the official one-lot rate at 1.2%, versus this site's pre-allotment model estimate of 7.8%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 700 lots and B-head is 800 lots, representing about HK$4.7M and HK$5.4M of application principal. Official average allotment was 8.59 lots and 7.22 lots, versus pre-allotment model estimates of 10.19 lots and 8.31 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about +20.3%, versus -4.6% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does LINGYI ITECH 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.