Last updated 18:35:04
HK$249.20
+0.48%
- Listing price
- HK$248.00
- Open
- —
- High
- —
- Low
- —
- Bid / Ask
- — / —
- Volume
- —
Turnover —View source
EASTROC
09980A+HListed消費 · 东鹏饮料（集团）股份有限公司是一家在中国注册的股份有限公司，主要从事饮料产品的研发、生产和销售。
EASTROC (東鵬飲料) (09980) 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$248.00
- Final offer price
- HK$248.00
- One-lot win rate
- 15.0%
- Proceeds
- HK$10.14B
- Public oversub.
- 57.5x
Predicted 14.9%
Lot / entry fee 100 shares · HK$25K · Sponsor Huatai Financial / Morgan Stanley / UBS
- Offer starts Jan 26
- /Offer closes Jan 29
- /Grey market Feb 2
- /Listing Feb 3Now
SubscriptionEASTROC: 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
- 57.5
- Forecast grey range
- -22.3% – +5.8%
Pre-greyEASTROC: 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
- 59.8
- Forecast grey range
- -22.3% – +5.9%
Post-greyEASTROC: 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
- 58.8
- Forecast first-day range
- -4.9% – +7.2%
View factors and research
Model forecastListing-day trendCautiousUp probability 35.8%
Published outcome check
First-day resultFlat+1.5%
Our call: Trend call valid
Covered 22/25 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
Poor trendRecent sector trend
Strong trendValuation
Weak appealFundamental quality
Good qualityGrowth quality
High qualityProfitability
Weaker qualityCash runway
—Customer concentration
—Cornerstone quality
Strong supportSponsor record
Strong recordGreenshoe arrangementGreenshoe: yes · 15%
Average supportStabilizer track recordMorgan Stanley
Good recordA-share pre-grey trend
Poor trendA-share listing-day trend
Poor trendPublic oversubscription
High heatOne-lot win rate
Medium heatInternational placing
Low heatFinal pricing position
—Actual greenshoe useCumulative use +38.8%
Weak supportGrey market return
Neutral 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.
EASTROC: grey-market trend
EASTROC: predicted allotment
Only key tiers are shown here. Full tiers and other allotment-pattern comparisons are on the allotment-odds page.
- 1 lot
- 14.9%
- A tail · Apply 200 lots
- 1.31 lots
- B head · Apply 300 lots
- 3.15 lots
- Top hammer
- 208.41 lots
Official 15.0%
Official 2 lots
Official 5.89 lots
Official 213 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 EASTROC?
Public allotment filings put the official one-lot rate at 15.0%, versus this site's pre-allotment model estimate of 14.9%. It is an observation for a 1-lot application, not a guaranteed result.
What is the difference between A-tail and B-head for EASTROC?
Based on the prospectus's legal application tiers, A-tail is 200 lots and B-head is 300 lots, representing about HK$5.0M and HK$7.4M of application principal. Official average allotment was 2 lots and 5.89 lots, versus pre-allotment model estimates of 1.31 lots and 3.15 lots. Pool A and Pool B are allocated separately, so application size alone does not show capital efficiency.
Can the grey-market price of EASTROC be treated as the listing price?
The compiled grey-market observation is about +0.7%, versus +1.5% on the listing day. Grey-market prints are pre-listing sentiment from public sources, not the official opening price.
Why does EASTROC 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.