HK IPOAIHong Kong IPO intelligence

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。

Cautious
53.2
/100
Offer price
HK$21.30
Final offer price
HK$21.30
Lot / entry fee
200 shares · HK$4K
Proceeds
HK$13.45B
Sponsor
CITIC Securities
Est. margin oversub.
42.4x
Public oversub.
52.9x
One-lot win rate
50.0%
First-day return
+2.8%
Offer starts
Oct 20
Offer closes
Oct 23
Grey market
Oct 27
Listing
Oct 28

AI reference scoring and scenarios

After grey market
After grey market L1 heat score
53.2/ 100
Data coverage High
Target
Historical calibration
Listing-day trend
High cautionPartial basis
Up probability
40.0%
First-day reference range
-10.4% – +6.4%
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 heat
Offer size
Weak quality
Cornerstone lockup
Strong support
Post-lockup offer value
Weak scarcity
Recent same-rule trend
Strong trend
Recent same-type trend
Recent sector trend
Valuation
Weak appeal
Fundamental quality
Average quality
Growth quality
Weak quality
Profitability
Weaker quality
Cash runway
Customer concentration
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordCLSA
Strong record
A-share pre-grey trend
Poor trend
A-share listing-day trend
Poor trend
Public oversubscription
High heat
One-lot win rate
Weak heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use +18.5%
Average support
Grey market return
Poor trend

The assessment and probability ranges are informational only and are not investment advice.

AI Research Report

After grey market
The analysis report for this IPO is being generated.