Last updated 18:35:02
HK$20.78
-2.44%
- Listing price
- HK$21.30
- Open
- —
- High
- —
- Low
- —
- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
SANY HEAVY IND
06031A+HListed工業製造 · 三一重工是一家中国工程机械制造商，主要从事重型工业设备的研发、生产和销售。
SANY HEAVY IND (三一重工) (06031) 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$21.30
- Final offer price
- HK$21.30
- One-lot win rate
- 50.0%
- Proceeds
- HK$13.45B
- Public oversub.
- 52.9x
Predicted 20.0%
Lot / entry fee 200 shares · HK$4K · Sponsor CITIC Securities
- Offer starts Oct 20
- /Offer closes Oct 23
- /Grey market Oct 27
- /Listing Oct 28Now
SubscriptionSANY HEAVY IND: 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
- 55.1
- Forecast grey range
- -23.5% – +3.4%
Pre-greySANY HEAVY IND: 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
- 58
- Forecast grey range
- -27.0% – +0.1%
Post-greySANY HEAVY IND: 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
- 53.2
- Forecast first-day range
- -8.7% – +1.3%
View factors and research
Model forecastListing-day trendHigh cautionUp probability 40.0%
Published outcome check
First-day resultFlat+2.8%
Our call: Trend call valid
Covered 20/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
Medium heatOffer size
Weak qualityCornerstone lockup
Strong supportPost-lockup offer value
Weak scarcityRecent same-rule trend
Strong trendRecent same-type trend
—Recent sector trend
—Valuation
Weak appealFundamental quality
Average qualityGrowth quality
Weak qualityProfitability
Weaker qualityCash runway
—Customer concentration
—Cornerstone quality
Strong supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track recordCLSA
Strong recordA-share pre-grey trend
Poor trendA-share listing-day trend
Poor trendPublic oversubscription
High heatOne-lot win rate
Weak heatInternational placing
High heatFinal pricing position
—Actual greenshoe useCumulative use +18.5%
Average 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.
SANY HEAVY IND: grey-market trend
SANY HEAVY IND: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 20.0%
- A tail · Apply 1,000 lots
- 6.19 lots
- B head · Apply 1,500 lots
- 17.73 lots
- Top hammer
- 1,491.01 lots
Official 50.0%
Official 12.5 lots
Official 18.75 lots
Official 1,791.5 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 SANY HEAVY IND?
Public allotment filings put the official one-lot rate at 50.0%, versus this site's pre-allotment model estimate of 20.0%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for SANY HEAVY IND?
Based on the prospectus's legal application tiers, A-tail is 1,000 lots and B-head is 1,500 lots, representing about HK$4.3M and HK$6.4M of application principal. Official average allotment was 12.5 lots and 18.75 lots, versus pre-allotment model estimates of 6.19 lots and 17.73 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of SANY HEAVY IND be treated as the listing price?
The compiled grey-market observation is about -2.5%, versus +2.8% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does SANY HEAVY IND 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.