HESAI-W
02525SecondaryListed汽車/智能出行 · 我们是全球领先的三维激光雷达解决方案提供商，设计、开发、制造和销售先进激光雷达产品。
Neutral
69.8
/100
- Offer price
- HK$212.80
- Final offer price
- HK$212.80
- Lot / entry fee
- 20 shares · HK$4K
- Proceeds
- HK$4.16B
- Sponsor
- CICC / CMB International
- Est. margin oversub.
- 120.8x
- Public oversub.
- 168.7x
- One-lot win rate
- 30.0%
- First-day return
- +10.0%
Offer starts
Sep 8
Offer closes
Sep 11
Grey market
Sep 15
Listing
Sep 16
AI reference scoring and scenarios
After grey market
After grey market L1 heat score
69.8/ 100
Data coverage High
Target
Prior calibration
Listing-day trend
Neutral watchPartial basis
Up probability
44.0%
First-day reference range
-18.0% – +7.6%
Published outcome check
First-day resultUp+10.0%
Our call: Neutral watch
Covered 19/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heatOffer size
Weaker qualityCornerstone lockup
Average supportPost-lockup offer value
Weak scarcityRecent same-rule trend
Strong trendRecent same-type trend
—Recent sector trend
—Valuation
Weak appealFundamental quality
Weak qualityGrowth quality
Average qualityProfitability
Weaker qualityCash runway
—Customer concentration
High riskCornerstone quality
Strong supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track recordCICC
Good recordA-share pre-grey trend
—A-share listing-day trend
—Public oversubscription
High heatOne-lot win rate
Weak heatInternational placing
High heatFinal pricing position
—Actual greenshoe useCumulative use +6.0%
Average supportGrey market return
Strong trendThe assessment and probability ranges are informational only and are not investment advice.
AI Research Report
After grey marketThe analysis report for this IPO is being generated.