HK IPOAI

DISTINCT HEALTH

02677Listed

醫療健康 · Distinct Healthcare Holdings Limited是一家在开曼群岛注册的控股公司,主要通过其附属公司在中国提供医疗健康服务。

DISTINCT HEALTH (卓正醫療) (02677) 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$59.90
Final offer price
HK$59.90
One-lot win rate
1.0%

Predicted 2.2%

Proceeds
HK$284.5M
Public oversub.
2730.7x

Lot / entry fee 50 shares · HK$3K · Sponsor Haitong International / SPDB International

  1. Offer starts Jan 29
  2. /Offer closes Feb 3
  3. /Grey market Feb 5
  4. /Listing Feb 6Now

SubscriptionDISTINCT HEALTH: 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
High attention
Reference score
78.4
Forecast grey range
0.0% – +98.8%

Pre-greyDISTINCT HEALTH: 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
High attention
Reference score
80.9
Forecast grey range
0.0% – +98.1%

Post-greyDISTINCT HEALTH: 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
High attention
Reference score
83.3
Forecast first-day range
+20.2% – +66.7%
View factors and research
Model forecastListing-day trendStrong positiveUp probability 96.7%
Published outcome check
First-day resultUp+13.4%
Our call: Trend call valid
Covered 20/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Good quality
Cornerstone lockup
Average support
Post-lockup offer value
High scarcity
Recent same-rule trend
Strong trend
Recent same-type trend
Positive trend
Recent sector trend
Strong trend
Valuation
Average appeal
Fundamental quality
Average quality
Growth quality
High quality
Profitability
Weak quality
Cash runway
Customer concentration
Low risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track record
A-share pre-grey trend
A-share listing-day trend
Public oversubscription
High heat
One-lot win rate
High heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use +66.7%
Low support
Grey market return
Strong 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$89.85
+50.00%
93.4474.8856.31HK$59.9016:1518:35
Listing price
HK$59.90
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

DISTINCT HEALTH: predicted allotment

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

1 lot
2.2%

Official 1.0%

A tail · Apply 1,600 lots
0.35 lots

Official 0.64 lots

B head · Apply 1,800 lots
0.49 lots

Official 0.64 lots

Top hammer
0.6 lots

Official 0.67 lots

Most likely allotment patternLarger Pool A applications get less extra allotmentPool B high-tier allotment drops quicklyView 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 DISTINCT HEALTH?

Public allotment filings put the official one-lot rate at 1.0%, versus this site's pre-allotment model estimate of 2.2%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 1,600 lots and B-head is 1,800 lots, representing about HK$4.8M and HK$5.4M of application principal. Official average allotment was 0.64 lots and 0.64 lots, versus pre-allotment model estimates of 0.35 lots and 0.49 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about +49.1%, versus +13.4% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does DISTINCT HEALTH 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.