TIANYU SEMI
02658Listed半導體 · 天域半导体是一家专注于碳化硅外延片自制的制造商，产品用于电力半导体器件生产。
Cautious
54.5
/100
- Offer price
- HK$58.00
- Final offer price
- HK$58.00
- Lot / entry fee
- 50 shares · HK$3K
- Proceeds
- HK$1.74B
- Sponsor
- CITIC Securities
- Est. margin oversub.
- 44.2x
- Public oversub.
- 60.6x
- One-lot win rate
- 10.0%
- First-day return
- -30.2%
Offer starts
Nov 27
Offer closes
Dec 2
Grey market
Dec 4
Listing
Dec 5
AI reference scoring and scenarios
After grey market
After grey market L1 heat score
54.5/ 100
Data coverage High
Target
Historical calibration
Listing-day trend
High cautionPartial basis
Up probability
40.0%
First-day reference range
-48.9% – -7.0%
Published outcome check
First-day resultBig down-30.2%
Our call: Trend call valid
Covered 19/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Medium heatOffer size
Weaker qualityCornerstone lockup
Low supportPost-lockup offer value
Weak scarcityRecent same-rule trend
Positive trendRecent same-type trend
Strong trendRecent sector trend
—Valuation
Weak appealFundamental quality
High qualityGrowth quality
Weak qualityProfitability
Weak qualityCash runway
—Customer concentration
Lower riskCornerstone quality
Strong supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track recordCLSA
Strong recordA-share pre-grey trend
—A-share listing-day trend
—Public oversubscription
High heatOne-lot win rate
Medium heatInternational placing
High heatFinal pricing position
—Actual greenshoe use
—Grey market return
Poor 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.