Last updated 18:35:03
HK$44.00
-8.33%
- Listing price
- HK$48.00
- Open
- —
- High
- —
- Low
- —
- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
XUNCE
03317Listed企業服務/SaaS · 我们是中国实时数据基础设施和分析解决方案提供商，为资产管理等行业提供实时数据处理与分析服务。
XUNCE (迅策) (03317) 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$48.00
- Final offer price
- HK$48.00
- One-lot win rate
- 12.8%
- Proceeds
- HK$1.08B
- Public oversub.
- 7.2x
Predicted 36.7%
Lot / entry fee 100 shares · HK$5K · Sponsor Guotai Junan
- Offer starts Dec 18
- /Offer closes Dec 23
- /Grey market Dec 29
- /Listing Dec 30Now
SubscriptionXUNCE: 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
- 50.6
- Forecast grey range
- -16.5% – +49.5%
Pre-greyXUNCE: 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
- 52.2
- Forecast grey range
- -13.2% – +52.3%
Post-greyXUNCE: 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
- Cautious
- Reference score
- 48.5
- Forecast first-day range
- -25.6% – +2.4%
View factors and research
Model forecastListing-day trendHigh cautionUp probability 40.0%
Published outcome check
First-day resultFlat+1.0%
Our call: Trend call valid
Covered 18/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Weak heatOffer size
Weaker qualityCornerstone lockup
—Post-lockup offer value
—Recent same-rule trend
Poor trendRecent same-type trend
Positive trendRecent sector trend
Strong trendValuation
Weak appealFundamental quality
Average qualityGrowth quality
Average qualityProfitability
Weak qualityCash runway
Weak qualityCustomer concentration
—Cornerstone quality
—Sponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track recordGuotai Junan
Weak recordA-share pre-grey trend
—A-share listing-day trend
—Public oversubscription
Weak heatOne-lot win rate
Medium heatInternational placing
High heatFinal pricing position
—Actual greenshoe useCumulative use +92.9%
Low supportGrey market return
Poor 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.
XUNCE: grey-market trend
XUNCE: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 36.7%
- A tail · Apply 1,000 lots
- 18.46 lots
- B head · Apply 1,200 lots
- 124.16 lots
- Top hammer
- 1,138 lots
Official 12.8%
Official 163.82 lots
Official 196.33 lots
Official 1,834 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 XUNCE?
Public allotment filings put the official one-lot rate at 12.8%, versus this site's pre-allotment model estimate of 36.7%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for XUNCE?
Based on the prospectus's legal application tiers, A-tail is 1,000 lots and B-head is 1,200 lots, representing about HK$4.8M and HK$5.8M of application principal. Official average allotment was 163.82 lots and 196.33 lots, versus pre-allotment model estimates of 18.46 lots and 124.16 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of XUNCE be treated as the listing price?
The compiled grey-market observation is about -6.0%, versus +1.0% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does XUNCE 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.