Last updated 18:16:27
HK$15.50
+93.75%
- Listing price
- —
- Open
- HK$9.80
- High
- HK$16.30
- Low
- HK$8.01
- Bid / Ask
- HK$15.45 / HK$15.55
- Volume
- 3,963,000
Turnover 49,985,340View source
QIYUNSHAN FOOD
02797Listed消費 · 公司主要生产和销售以齐云山酸枣为原料的果脯零食产品，包括酸枣糕和酸枣粒，通过线下经销商和线上自营店销售。
QIYUNSHAN FOOD (齊雲山食品) (02797) 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$5.00 – 8.00
- Final offer price
- HK$8.00
- One-lot win rate
- 0.1%
- Proceeds
- HK$200.0M
- Public oversub.
- 1688.1x
Predicted 1.8%
Lot / entry fee 500 shares · HK$4K · Sponsor Zhongtai International Capital Limited
- Offer starts Jun 30
- /Offer closes Jul 6
- /Grey market Jul 8
- /Listing Jul 9Now
SubscriptionQIYUNSHAN FOOD: 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
- 77.7
- Forecast grey range
- 0.0% – +125.8%
Pre-greyQIYUNSHAN FOOD: 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
- 81.6
- Forecast grey range
- 0.0% – +126.0%
Post-greyQIYUNSHAN FOOD: 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
- 84.4
- Forecast first-day range
- +64.6% – +145.3%
View factors and research
Model forecastListing-day trendStrong positiveUp probability 97.5%
Published outcome check
First-day resultBig up+162.5%Normal
Our call: Trend call valid
Covered 16/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heatOffer size
Good qualityCornerstone lockup
—Post-lockup offer value
—Recent same-rule trend
Positive trendRecent same-type trend
Strong trendRecent sector trend
Strong trendValuation
High appealFundamental quality
Good qualityGrowth quality
Weak qualityProfitability
Average qualityCash runway
—Customer concentration
Higher riskCornerstone quality
—Sponsor record
—Greenshoe 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
Friendly pricingActual 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.
QIYUNSHAN FOOD: grey-market trend
QIYUNSHAN FOOD: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 1.8%
- A tail · Apply 1,000 lots
- 0.41 lots
- B head · Apply 1,500 lots
- 0.79 lots
- Top hammer
- 1.01 lots
Official 0.1%
Official 0.9 lots
Official 0.66 lots
Official 1.1 lots
Most likely allotment pattern：Larger Pool A applications get less extra allotment；Pool B allotment falls more sharply 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 QIYUNSHAN FOOD?
Public allotment filings put the official one-lot rate at 0.1%, versus this site's pre-allotment model estimate of 1.8%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for QIYUNSHAN FOOD?
Based on the prospectus's legal application tiers, A-tail is 1,000 lots and B-head is 1,500 lots, representing about HK$4.0M and HK$6.0M of application principal. Official average allotment was 0.9 lots and 0.66 lots, versus pre-allotment model estimates of 0.41 lots and 0.79 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of QIYUNSHAN FOOD be treated as the listing price?
The compiled grey-market observation is about +97.6%, versus +162.5% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does QIYUNSHAN FOOD 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.