HK IPOAI

IMPRESSION DHP

02695Listed

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IMPRESSION DHP (印象大紅袍) (02695) 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$3.60
Final offer price
HK$3.60
One-lot win rate
0.8%

Predicted 2.1%

Proceeds
HK$130.0M
Public oversub.
3397.5x

Lot / entry fee 1000 shares · HK$4K · Sponsor China Industrial Securities International Capital Limited / Halcyon Capital Limited

  1. Offer starts Dec 12
  2. /Offer closes Dec 17
  3. /Grey market Dec 19
  4. /Listing Dec 22Now

SubscriptionIMPRESSION DHP: 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
75.5
Forecast grey range
0.0% – +115.5%

Pre-greyIMPRESSION DHP: 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
80.1
Forecast grey range
0.0% – +115.9%

Post-greyIMPRESSION DHP: 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
Neutral
Reference score
69.9
Forecast first-day range
-24.2% – +13.1%
View factors and research
Model forecastListing-day trendNeutral watchUp probability 55.0%
Published outcome check
First-day resultBig down-35.3%
Our call: Neutral watch
Covered 14/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
High quality
Cornerstone lockup
Post-lockup offer value
Recent same-rule trend
Poor trend
Recent same-type trend
Strong trend
Recent sector trend
Strong trend
Valuation
High appeal
Fundamental quality
Good quality
Growth quality
Weak quality
Profitability
Weaker quality
Cash runway
Customer concentration
Cornerstone quality
Sponsor 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 use
Grey market return
Poor 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 18:35:04

HK$3.49
-3.06%
3.613.543.48HK$3.6016:1518:35
Listing price
HK$3.60
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

IMPRESSION DHP: predicted allotment

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

1 lot
2.1%

Predicted

Official
0.8%
A tail · Apply 1,200 lots
0.27 lots

Predicted

Official
0.11 lots
B head · Apply 1,400 lots
0.25 lots

Predicted

Official
0.32 lots
Top hammer
0.3 lots

Predicted

Official
0.4 lots
Most likely allotment patternLarger Pool A applications get less extra allotmentPool B allotment declines gradually with sizeView 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 IMPRESSION DHP?

Public allotment filings put the official one-lot rate at 0.8%, versus this site's pre-allotment model estimate of 2.1%. It is an observation for a 1-lot application, not a guaranteed result.

What is the difference between A-tail and B-head for IMPRESSION DHP?

Based on the prospectus's legal application tiers, A-tail is 1,200 lots and B-head is 1,400 lots, representing about HK$4.3M and HK$5.0M of application principal. Official average allotment was 0.11 lots and 0.32 lots, versus pre-allotment model estimates of 0.27 lots and 0.25 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

Can the grey-market price of IMPRESSION DHP be treated as the listing price?

The compiled grey-market observation is about -3.8%, versus -35.3% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does IMPRESSION DHP 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.