HK IPOAI

EPIWORLD

02726Listed

半導體 · EPIWORLD是一家在中华人民共和国注册成立的股份有限公司,主要从事全球发售H股并在香港联交所主板上市的业务。

EPIWORLD (瀚天天成) (02726) 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$76.26
Final offer price
HK$76.26
One-lot win rate
20.0%

Predicted 26.1%

Proceeds
HK$1.64B
Public oversub.
50.7x

Lot / entry fee 50 shares · HK$4K · Sponsor CICC

  1. Offer starts Mar 20
  2. /Offer closes Mar 25
  3. /Grey market Mar 27
  4. /Listing Mar 30Now

SubscriptionEPIWORLD: 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
58.6
Forecast grey range
-4.3% – +68.5%

Pre-greyEPIWORLD: 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
62.2
Forecast grey range
-5.2% – +66.8%

Post-greyEPIWORLD: 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
69.4
Forecast first-day range
+11.9% – +51.1%
View factors and research
Model forecastListing-day trendNeutral watchUp probability 55.0%
Published outcome check
First-day resultBig up+35.1%
Our call: Neutral watch
Covered 15/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Medium heat
Offer size
Weaker quality
Cornerstone lockup
Post-lockup offer value
Recent same-rule trend
Neutral trend
Recent same-type trend
Positive trend
Recent sector trend
Positive trend
Valuation
Weak appeal
Fundamental quality
Average quality
Growth quality
Weak quality
Profitability
Weaker quality
Cash runway
Customer concentration
Cornerstone quality
Sponsor record
Strong record
Greenshoe arrangementNo greenshoe
Stabilizer track record
A-share pre-grey trend
A-share listing-day trend
Public oversubscription
High heat
One-lot win rate
Weak heat
International placing
High heat
Final pricing position
Actual greenshoe use
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 18:35:04

HK$105.00
+37.69%
108.4590.6372.81HK$76.2616:1518:35
Listing price
HK$76.26
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

EPIWORLD: predicted allotment

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

1 lot
26.1%

Official 20.0%

A tail · Apply 1,000 lots
4.69 lots

Official 13 lots

B head · Apply 2,000 lots
31 lots

Official 45 lots

Top hammer
314.3 lots

Official 236 lots

Most likely allotment patternLarger Pool A applications get less extra allotmentPool 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 EPIWORLD?

Public allotment filings put the official one-lot rate at 20.0%, versus this site's pre-allotment model estimate of 26.1%. It is an observation for a 1-lot application, not a guaranteed result.

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

Based on the prospectus's legal application tiers, A-tail is 1,000 lots and B-head is 2,000 lots, representing about HK$3.8M and HK$7.6M of application principal. Official average allotment was 13 lots and 45 lots, versus pre-allotment model estimates of 4.69 lots and 31 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

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

The compiled grey-market observation is about +37.5%, versus +35.1% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does EPIWORLD 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.