Last updated 18:35:03
HK$9.96
+36.44%
- Listing price
- HK$7.30
- Open
- —
- High
- —
- Low
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- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
JINYAN KAOLIN
02693Listed資源/礦業 · 安徽金岩高岭土新材料股份有限公司是一家主要从事高岭土开采及深加工的中国公司。
JINYAN KAOLIN (金巖高嶺新材) (02693) 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$7.30
- Final offer price
- HK$7.30
- One-lot win rate
- 0.0%
- Proceeds
- HK$177.4M
- Public oversub.
- 6876.2x
Predicted 1.2%
Lot / entry fee 500 shares · HK$4K · Sponsor Guoyuan Securities / CMBC International
- Offer starts Nov 25
- /Offer closes Nov 28
- /Grey market Dec 2
- /Listing Dec 3Now
SubscriptionJINYAN KAOLIN: 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
- 79
- Forecast grey range
- 0.0% – +130.3%
Pre-greyJINYAN KAOLIN: 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
- 81.9
- Forecast grey range
- 0.0% – +130.3%
Post-greyJINYAN KAOLIN: 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
- 84.3
- Forecast first-day range
- +22.4% – +66.2%
View factors and research
Model forecastListing-day trendStrong positiveUp probability 94.5%
Published outcome check
First-day resultFlat+2.2%
Our call: Trend call valid
Covered 19/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heatOffer size
High qualityCornerstone lockup
Strong supportPost-lockup offer value
High scarcityRecent same-rule trend
Positive trendRecent same-type trend
Strong trendRecent sector trend
—Valuation
High appealFundamental quality
Good qualityGrowth quality
High qualityProfitability
Weaker qualityCash runway
—Customer concentration
Lower riskCornerstone quality
Low supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track record
—A-share pre-grey trend
—A-share listing-day trend
—Public oversubscription
High heatOne-lot win rate
High heatInternational placing
High heatFinal pricing position
—Actual greenshoe useCumulative use +55.8%
Weak supportGrey market return
Strong 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.
JINYAN KAOLIN: grey-market trend
JINYAN KAOLIN: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 1.2%
- A tail · Apply 1,200 lots
- 0.12 lots
- B head · Apply 1,400 lots
- 0.14 lots
- Top hammer
- 0.16 lots
Official 0.0%
Predicted
Predicted
Predicted
Most likely allotment pattern：Larger Pool A applications get less extra allotment；Pool 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 JINYAN KAOLIN?
Public allotment filings put the official one-lot rate at 0.0%, versus this site's pre-allotment model estimate of 1.2%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for JINYAN KAOLIN?
Based on the prospectus's legal application tiers, A-tail is 1,200 lots and B-head is 1,400 lots, representing about HK$4.4M and HK$5.1M of application principal. The current model estimates average allotment at about 0.12 lots and 0.14 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of JINYAN KAOLIN be treated as the listing price?
The compiled grey-market observation is about +37.0%, versus +2.2% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does JINYAN KAOLIN 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.