Last updated 18:35:03
HK$6.02
-14.49%
- Listing price
- HK$7.04
- Open
- —
- High
- —
- Low
- —
- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
XIAO NOODLES
02408Listed消費 · 广州遇见小面餐饮股份有限公司是一家在中国注册的餐饮公司，主要从事面条等餐饮服务。
XIAO NOODLES (02408) 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$7.04
- Final offer price
- HK$7.04
- One-lot win rate
- 2.0%
- Proceeds
- HK$685.4M
- Public oversub.
- 426.0x
Predicted 6.5%
Lot / entry fee 500 shares · HK$4K · Sponsor CMB International
- Offer starts Nov 27
- /Offer closes Dec 2
- /Grey market Dec 4
- /Listing Dec 5Now
SubscriptionXIAO NOODLES: 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
- High attention
- Reference score
- 78
- Forecast grey range
- 0.0% – +111.3%
Pre-greyXIAO NOODLES: 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
- High attention
- Reference score
- 80.6
- Forecast grey range
- 0.0% – +110.3%
Post-greyXIAO NOODLES: 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
- 60.1
- Forecast first-day range
- -46.4% – -2.3%
Data updated · Sep 22, 2026, 12:02 HKT
View factors and research
Model forecastListing-day trendNeutral-negativeUp probability 52.0%
Published outcome check
First-day resultBig down-27.8%
Our call: Trend call valid
Covered 20/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heatOffer size
Good qualityCornerstone lockup
Weak supportPost-lockup offer value
Medium scarcityRecent same-rule trend
Positive trendRecent same-type trend
Strong trendRecent sector trend
Strong trendValuation
Average appealFundamental quality
Good qualityGrowth quality
High qualityProfitability
Average qualityCash runway
—Customer concentration
Low riskCornerstone quality
Strong supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track record
—A-share pre-grey trend
—A-share listing-day trend
—Public oversubscription
High heatOne-lot win rate
High heatInternational placing
High heatFinal pricing position
—Actual greenshoe useCumulative use +100.0%
Low supportGrey market return
Poor trendThe assessment and probability ranges are informational only and are not investment advice.
AI Research Report
Post-greyThe analysis report for this IPO is being generated.
XIAO NOODLES: grey-market trend
XIAO NOODLES: predicted allotment
Data updated · Sep 22, 2026, 14:40 HKT
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 6.5%
- A tail · Apply 1,400 lots
- 1.32 lots
- B head · Apply 1,600 lots
- 2.6 lots
- Top hammer
- 9.42 lots
Predicted
Official
2.0%
Predicted
Official
2.58 lots
Predicted
Official
4 lots
Predicted
Official
13 lots
Most likely allotment pattern：Larger Pool A applications get less extra allotment；Pool 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 XIAO NOODLES?
Public allotment filings put the official one-lot rate at 2.0%, versus this site's pre-allotment model estimate of 6.5%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for XIAO NOODLES?
Based on the prospectus's legal application tiers, A-tail is 1,400 lots and B-head is 1,600 lots, representing about HK$4.9M and HK$5.6M of application principal. Official average allotment was 2.58 lots and 4 lots, versus pre-allotment model estimates of 1.32 lots and 2.6 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of XIAO NOODLES be treated as the listing price?
The compiled grey-market observation is about -14.6%, versus -27.8% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does XIAO NOODLES 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.