HK IPOAI

CNGR

02579A+HListed

新能源/電力設備 · 中伟新材料是一家全球领先的新能源电池材料公司,专注于前驱体材料(pCAM)的研发、生产和销售,并整合上游金属开采与回收业务。

CNGR (中偉新材) (02579) 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$34.00
Final offer price
HK$34.00
One-lot win rate
10.0%

Predicted 11.1%

Proceeds
HK$3.54B
Public oversub.
27.9x

Lot / entry fee 200 shares · HK$7K · Sponsor Morgan Stanley / Huatai Financial

  1. Offer starts Nov 7
  2. /Offer closes Nov 12
  3. /Grey market Nov 14
  4. /Listing Nov 17Now

SubscriptionCNGR: 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
53.3
Forecast grey range
-18.6% – +11.8%

Pre-greyCNGR: 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
55.2
Forecast grey range
-21.8% – +8.3%

Post-greyCNGR: 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
51
Forecast first-day range
-8.3% – +1.9%
View factors and research
Model forecastListing-day trendHigh cautionUp probability 40.0%
Published outcome check
First-day resultFlat-0.1%
Our call: Trend call valid
Covered 21/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Weak heat
Offer size
Weaker quality
Cornerstone lockup
Weak support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Strong trend
Recent same-type trend
Poor trend
Recent sector trend
Valuation
Weak appeal
Fundamental quality
Average quality
Growth quality
Weak quality
Profitability
Weaker quality
Cash runway
Customer concentration
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordMorgan Stanley
Weak record
A-share pre-grey trend
Poor trend
A-share listing-day trend
Poor trend
Public oversubscription
Medium heat
One-lot win rate
Medium heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use +94.3%
Low support
Grey market return
Poor 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 18:35:03

HK$33.22
-2.29%
34.0933.6133.13HK$34.0016:1518:35
Listing price
HK$34.00
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

CNGR: predicted allotment

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

1 lot
11.1%

Predicted

Official
10.0%
A tail · Apply 500 lots
16.81 lots

Predicted

Official
10.96 lots
B head · Apply 1,000 lots
26.31 lots

Predicted

Official
39 lots
Top hammer
685.6 lots

Predicted

Official
918 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 CNGR?

Public allotment filings put the official one-lot rate at 10.0%, versus this site's pre-allotment model estimate of 11.1%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 500 lots and B-head is 1,000 lots, representing about HK$3.4M and HK$6.8M of application principal. Official average allotment was 10.96 lots and 39 lots, versus pre-allotment model estimates of 16.81 lots and 26.31 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about -2.4%, versus -0.1% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does CNGR 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.