HK IPOAIHong Kong IPO intelligence

NOVOSENSE

02676A+HListed

半導體 · 苏州纳芯微电子股份有限公司是一家专注于高性能模拟及混合信号芯片设计的中国半导体公司。

Cautious
56
/100
Offer price
HK$116.00
Final offer price
HK$116.00
Lot / entry fee
100 shares · HK$12K
Proceeds
HK$2.21B
Sponsor
CICC / CITIC Securities / CCB International
Est. margin oversub.
15.6x
Public oversub.
25.3x
One-lot win rate
4.3%
First-day return
-4.3%
Offer starts
Nov 28
Offer closes
Dec 3
Grey market
Dec 5
Listing
Dec 8

AI reference scoring and scenarios

After grey market
After grey market L1 heat score
56/ 100
Data coverage High
Target
Historical calibration
Listing-day trend
CautiousPartial basis
Up probability
48.0%
First-day reference range
-10.3% – +5.4%
Published outcome check
First-day resultFlat-4.3%
Our call: Trend call valid
Covered 23/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Weak heat
Offer size
Weaker quality
Cornerstone lockup
Average support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Positive trend
Recent same-type trend
Poor trend
Recent sector trend
Valuation
Weak appeal
Fundamental quality
Weaker quality
Growth quality
Weak quality
Profitability
Good quality
Cash runway
Average quality
Customer concentration
Lower risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordCICC
Strong record
A-share pre-grey trend
Positive trend
A-share listing-day trend
Positive trend
Public oversubscription
Medium heat
One-lot win rate
Good heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use +59.5%
Weak support
Grey market return
Poor trend

The assessment and probability ranges are informational only and are not investment advice.

AI Research Report

After grey market
The analysis report for this IPO is being generated.