HK IPOAI

SHUANGDENG

06960Listed

新能源/電力設備 · 双登集团是一家在中华人民共和国注册成立的股份有限公司,主要从事储能电池及系统的研发、生产和销售。

SHUANGDENG (雙登股份) (06960) 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$14.51
Final offer price
HK$14.51
One-lot win rate
0.1%

Predicted 1.6%

Proceeds
HK$849.7M
Public oversub.
3876.3x

Lot / entry fee 500 shares · HK$7K · Sponsor CICC / Huatai Financial / CCB International

  1. Offer starts Aug 18
  2. /Offer closes Aug 21
  3. /Grey market Aug 25
  4. /Listing Aug 26Now

SubscriptionSHUANGDENG: 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
Neutral
Reference score
68.4
Forecast grey range
0.0% – +91.5%

Pre-greySHUANGDENG: 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
Neutral
Reference score
74.1
Forecast grey range
0.0% – +92.8%

Post-greySHUANGDENG: 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
78.3
Forecast first-day range
+56.0% – +127.2%
View factors and research
Model forecastListing-day trendPositiveUp probability 76.0%
Published outcome check
First-day resultBig up+31.3%
Our call: Trend call valid
Covered 19/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High heat
Offer size
Good quality
Cornerstone lockup
Low support
Post-lockup offer value
Medium scarcity
Recent same-rule trend
Strong trend
Recent same-type trend
Recent sector trend
Valuation
Average appeal
Fundamental quality
Weaker quality
Growth quality
Weak quality
Profitability
Weaker quality
Cash runway
Customer concentration
High risk
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordCICC
Weak record
A-share pre-grey trend
A-share listing-day trend
Public oversubscription
High heat
One-lot win rate
High heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use 0.0%
Good support
Grey market return
Strong trend

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

AI Research Report

Post-grey
The analysis report for this IPO is being generated.

Last updated 18:35:02

HK$25.22
+73.81%
26.5119.8613.22HK$14.5116:1518:35
Listing price
HK$14.51
Open
High
Low
Bid / Ask
— / —
Volume
Turnover View source

SHUANGDENG: predicted allotment

Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.

1 lot
1.6%

Official 0.1%

A tail · Apply 600 lots
0.11 lots

Official 0.35 lots

B head · Apply 800 lots
0.14 lots

Official 0.13 lots

Top hammer
0.57 lots

Official 0.97 lots

Most likely allotment patternLarger Pool A applications get less extra allotmentPool B allotment declines gradually 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 SHUANGDENG?

Public allotment filings put the official one-lot rate at 0.1%, versus this site's pre-allotment model estimate of 1.6%. It is an observation for a 1-lot application, not a guaranteed result.

What is the difference between A-tail and B-head for SHUANGDENG?

Based on the prospectus's legal application tiers, A-tail is 600 lots and B-head is 800 lots, representing about HK$4.4M and HK$5.8M of application principal. Official average allotment was 0.35 lots and 0.13 lots, versus pre-allotment model estimates of 0.11 lots and 0.14 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.

Can the grey-market price of SHUANGDENG be treated as the listing price?

The compiled grey-market observation is about +73.4%, versus +31.3% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.

Why does SHUANGDENG 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.