KINWONG
03228A+HOpen未分類 · 公司主要从事印制电路板（PCB）的销售，产品应用于汽车电子、智能设备、工业控制及医疗设备、通信与数据基础设施等终端市场。
KINWONG (景旺電子) (03228) is a open 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$69.88
- Final offer price
- HK$69.88
- One-lot win rate
- 14.2%
- Proceeds
- HK$5.10B
- Public oversub.
- —
Predicted
Lot / entry fee 100 shares · HK$7K · Sponsor CITIC Securities / Merrill Lynch / Guolian Securities International Capital Market Co., Limited
- Offer starts Sep 21
- /Offer closes Sep 24Now
- /Grey market Sep 28
- /Listing Sep 29
SubscriptionKINWONG: 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.
Current- Reference rating
- Cautious
- Reference score
- 52.7
- Forecast grey range
- -8.3% – +12.3%
View factors and research
The assessment and probability ranges are informational only and are not investment advice.
AI Research Report
SubscriptionPre-greyKINWONG: pre-grey-market reference
The pre-grey stage includes published allotment and public oversubscription data. Grey-market prints are not yet reflected here.
Pending- Reference rating
- Cautious
- Reference score
- 52.7
- Forecast grey range
- -8.3% – +12.3%
Post-greyKINWONG: 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.
Pending- Reference rating
- Cautious
- Reference score
- 52.7
- Forecast first-day range
- -3.9% – +6.9%
This IPO has not listed yet. The current score is a stage-based estimate, may still be incomplete or inaccurate, and will adjust as allocation, grey-market, and listing data become available.
KINWONG: grey-market trend
KINWONG: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 14.2%
- A tail · Apply 700 lots
- 1.99 lots
- B head · Apply 800 lots
- 3.66 lots
- Top hammer
- 166.82 lots
Predicted
Predicted
Predicted
Predicted
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 KINWONG?
The IPO is still in its offer period, so there is no official one-lot rate yet. This site's current model estimate is about 14.2%; the company allotment announcement is final.
What is the difference between A-tail and B-head for KINWONG?
Based on the prospectus's legal application tiers, A-tail is 700 lots and B-head is 800 lots, representing about HK$4.9M and HK$5.6M of application principal. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of KINWONG be treated as the listing price?
Grey-market trading is dated Sep 28. Before that session there is no print to cite. Even after quotes appear, they are not the official listing price.
Why does KINWONG have three reference ratings?
The current status is "Open", so start with the subscription 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.