Last updated 18:35:03
HK$11.64
+7.78%
- Listing price
- HK$10.80
- Open
- —
- High
- —
- Low
- —
- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
NSING TECH
02701A+HListed半導體 · 国民技术股份有限公司是一家在中国注册的股份有限公司，主要从事集成电路设计及相关解决方案的提供。
NSING TECH (國民技術) (02701) 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$10.80
- Final offer price
- HK$10.80
- One-lot win rate
- 30.0%
- Proceeds
- HK$1.03B
- Public oversub.
- 131.8x
Predicted 17.7%
Lot / entry fee 200 shares · HK$2K · Sponsor CITIC Securities
- Offer starts Mar 13
- /Offer closes Mar 18
- /Grey market Mar 20
- /Listing Mar 23Now
SubscriptionNSING TECH: 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
- Cautious
- Reference score
- 62.4
- Forecast grey range
- +15.1% – +43.3%
Pre-greyNSING TECH: 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
- Cautious
- Reference score
- 64.6
- Forecast grey range
- +12.1% – +40.6%
Post-greyNSING TECH: 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
- Forecast first-day range
- +3.9% – +15.4%
View factors and research
Model forecastListing-day trendNeutral watchUp probability 55.0%
Published outcome check
First-day resultFlat+4.2%
Our call: Neutral watch
Covered 22/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heatOffer size
Weaker qualityCornerstone lockup
Weak supportPost-lockup offer value
Medium scarcityRecent same-rule trend
Neutral trendRecent same-type trend
Weak trendRecent sector trend
Neutral trendValuation
Average appealFundamental quality
Weak qualityGrowth quality
Average qualityProfitability
Weak qualityCash runway
High qualityCustomer concentration
High riskCornerstone quality
Weak supportSponsor record
Strong recordGreenshoe arrangementNo greenshoe
Stabilizer track record
—A-share pre-grey trend
Strong trendA-share listing-day trend
Strong trendPublic oversubscription
High heatOne-lot win rate
Weak heatInternational placing
High heatFinal pricing position
—Actual greenshoe use
—Grey 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.
NSING TECH: grey-market trend
NSING TECH: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 17.7%
- A tail · Apply 2,000 lots
- 4.74 lots
- B head · Apply 2,500 lots
- 19.85 lots
- Top hammer
- 181.6 lots
Official 30.0%
Official 1.51 lots
Official 15.44 lots
Official 115 lots
Most likely allotment pattern：Larger Pool A applications get less extra allotment；Pool B allotment is similar across tiersView 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 NSING TECH?
Public allotment filings put the official one-lot rate at 30.0%, versus this site's pre-allotment model estimate of 17.7%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for NSING TECH?
Based on the prospectus's legal application tiers, A-tail is 2,000 lots and B-head is 2,500 lots, representing about HK$4.3M and HK$5.4M of application principal. Official average allotment was 1.51 lots and 15.44 lots, versus pre-allotment model estimates of 4.74 lots and 19.85 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of NSING TECH be treated as the listing price?
The compiled grey-market observation is about +8.5%, versus +4.2% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does NSING TECH 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.