Last updated 18:35:03
HK$33.22
-2.29%
- Listing price
- HK$34.00
- Open
- —
- High
- —
- Low
- —
- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
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 (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%
- Proceeds
- HK$3.54B
- Public oversub.
- 27.9x
Predicted 9.2%
Lot / entry fee 200 shares · HK$7K · Sponsor Morgan Stanley / Huatai Financial
- Offer starts Nov 7
- /Offer closes Nov 12
- /Grey market Nov 14
- /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
- 56
- 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
- 57.4
- 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
- 50.2
- Forecast first-day range
- -8.3% – +1.9%
Data updated · Sep 22, 2026, 12:02 HKT
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 heatOffer size
Weaker qualityCornerstone lockup
Weak supportPost-lockup offer value
Weak scarcityRecent same-rule trend
Strong trendRecent same-type trend
Poor trendRecent sector trend
—Valuation
Weak appealFundamental quality
Weaker qualityGrowth quality
Average qualityProfitability
High qualityCash runway
—Customer concentration
—Cornerstone quality
Strong supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track recordMorgan Stanley
Weak recordA-share pre-grey trend
Poor trendA-share listing-day trend
Poor trendPublic oversubscription
Medium heatOne-lot win rate
Medium heatInternational placing
High heatFinal pricing position
—Actual greenshoe useCumulative use +94.3%
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.
CNGR: grey-market trend
CNGR: 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
- 9.2%
- A tail · Apply 500 lots
- 18.23 lots
- B head · Apply 1,000 lots
- 26.73 lots
- Top hammer
- 696.55 lots
Predicted
Official
10.0%
Predicted
Official
10.96 lots
Predicted
Official
39 lots
Predicted
Official
918 lots
Most likely allotment pattern：Pool A's allotment rate is roughly flat across application tiers；Pool 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 9.2%. 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 18.23 lots and 26.73 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.