HK IPOAIHong Kong IPO intelligence

SERES

09927A+HListed

汽車/智能出行 · 一家专注于新能源汽车研发、制造、销售及服务的科技公司。

Cautious
63.9
/100
Offer price
HK$131.50
Final offer price
HK$131.50
Lot / entry fee
100 shares · HK$13K
Proceeds
HK$14.28B
Sponsor
CICC / China Galaxy
Est. margin oversub.
100.2x
Public oversub.
132.7x
One-lot win rate
10.0%
First-day return
0.0%
Offer starts
Oct 27
Offer closes
Oct 31
Grey market
Nov 4
Listing
Nov 5

AI reference scoring and scenarios

After grey market
After grey market L1 heat score
63.9/ 100
Data coverage High
Target
Historical calibration
Listing-day trend
Neutral-negativePartial basis
Up probability
52.0%
First-day reference range
-5.9% – +13.8%
Published outcome check
First-day resultFlat0.0%
Our call: Trend call valid
Covered 23/25 core factors
UsedMissingNot yet scorableN/A
Margin oversubscription
High 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
Positive trend
Recent sector trend
Positive trend
Valuation
Weak appeal
Fundamental quality
Weak quality
Growth quality
High quality
Profitability
Weaker quality
Cash runway
Average quality
Customer concentration
Cornerstone quality
Strong support
Sponsor record
Strong record
Greenshoe arrangementGreenshoe: yes · 15%
Average support
Stabilizer track recordCICC
Strong record
A-share pre-grey trend
Poor trend
A-share listing-day trend
Poor trend
Public oversubscription
High heat
One-lot win rate
Medium heat
International placing
High heat
Final pricing position
Actual greenshoe useCumulative use +100.0%
Low support
Grey market return
Neutral 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.