HK IPOAI

ZIJIN GOLD INTL

02259Listed

資源/礦業 · 本公司是一家专注于海外金矿开采与黄金生产的矿业公司,主要业务为境外金矿的勘探、开发及运营。

ZIJIN GOLD INTL (紫金黃金國際) (02259) 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$71.59
Final offer price
HK$71.59
One-lot win rate
50.0%

Predicted 0.9%

Proceeds
HK$24.98B
Public oversub.
240.7x

Lot / entry fee 100 shares · HK$7K · Sponsor Morgan Stanley / CITIC Securities

  1. Offer starts Sep 24
  2. /Offer closes Sep 24
  3. /Grey market Sep 29
  4. /Listing Sep 30Now

SubscriptionZIJIN GOLD INTL: 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
60.7
Forecast grey range
-8.4% – +69.3%

Pre-greyZIJIN GOLD INTL: 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
64.6
Forecast grey range
-15.2% – +39.6%

Post-greyZIJIN GOLD INTL: 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
70.9
Forecast first-day range
+26.6% – +79.7%
View factors and research
Model forecastListing-day trendNeutral-positiveUp probability 68.0%
Published outcome check
First-day resultBig up+68.5%
Our call: Trend call valid
Covered 17/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Weak quality
Cornerstone lockup
Low support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Strong trend
Recent same-type trend
Strong trend
Recent sector trend
Valuation
Weak appeal
Fundamental quality
High quality
Growth quality
Profitability
Cash runway
Customer concentration
High risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track record
A-share pre-grey trend
A-share listing-day trend
Public oversubscription
High heat
One-lot win rate
Weak heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use 0.0%
Good support
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 18:35:02

HK$108.20
+51.14%
112.5989.9067.20HK$71.5916:1518:35
Listing price
HK$71.59
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

ZIJIN GOLD INTL: predicted allotment

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

1 lot
0.9%

Official 50.0%

A tail · Apply 600 lots
2.9 lots

Official 0.78 lots

B head · Apply 700 lots
1.5 lots

Official 4 lots

Top hammer
372.72 lots

Official 188 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 ZIJIN GOLD INTL?

Public allotment filings put the official one-lot rate at 50.0%, versus this site's pre-allotment model estimate of 0.9%. It is an observation for a 1-lot application, not a guaranteed result.

What is the difference between A-tail and B-head for ZIJIN GOLD INTL?

Based on the prospectus's legal application tiers, A-tail is 600 lots and B-head is 700 lots, representing about HK$4.3M and HK$5.0M of application principal. Official average allotment was 0.78 lots and 4 lots, versus pre-allotment model estimates of 2.9 lots and 1.5 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

Can the grey-market price of ZIJIN GOLD INTL be treated as the listing price?

The compiled grey-market observation is about +51.3%, versus +68.5% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does ZIJIN GOLD INTL 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.