Win Rate
60%
Win Rate
77%
Mar,19 08:15 - 10:30
Grey Close
DELTON
01989.HK
$94.9
+32.03%
Over-sub
823.09x
Listing Date
Mar 19, 2026
Predicted Potential
+25%
The Strategy
* Strong fundamentals with a leading position in the booming AI server PCB market. * Compelling valuation with a ~49% price discount compared to its A-share listing. * High certainty provided by a top-tier sponsor and a 45% cornerstone lock-up.
Mar,20 08:15 - 10:30
Pre-Grey Mkt
NSING TECH
02701.HK
--
Over-sub
58.78x
Listing Date
Mar 22, 2026
Predicted Potential
+3%
The Strategy
* Dual-engine in hot sectors (Semiconductor, New Energy) but suffers from persistent net losses. * Top-tier sponsor with an 82.6% grey market win rate provides a strong anchor of certainty. * Very weak cornerstone backing (13.7% ratio) and low initial subscription signal poor institutional/retail interest.
Mar,20 08:15 - 10:30
Pre-Grey Mkt
FS.COM
03355.HK
--
Over-sub
1219.53x
Listing Date
Mar 22, 2026
Predicted Potential
+20%
The Strategy
* Strong fundamentals with recovering profitability and excellent margins (>50%). * High institutional conviction shown by a 45.8% cornerstone stake. * Hot sector (AI/Cloud) and strong market sentiment create favorable momentum.
Mar,23 08:15 - 10:30
Pre-Grey Mkt
GALAXIS TECH
02729.HK
--
Over-sub
1536.99x
Listing Date
Mar 23, 2026
Predicted Potential
+3%
The Strategy
* Strong sector tailwinds from government policy are a key positive driver. * The complete lack of cornerstone investors is a major red flag for this IPO. * Financials show high growth but persistent losses and a full valuation, creating a balanced risk-reward profile.
Mar,23 08:15 - 10:30
Pre-Grey Mkt
NEW VISION CO
02632.HK
--
Over-sub
31.20x
Listing Date
Mar 23, 2026
Predicted Potential
-10%
The Strategy
* High-growth story (No. 2 in China HUD) is overshadowed by widening losses and cash burn. * Valuation is extremely expensive, with a P/S ratio multiple times higher than listed peers. * Weak sentiment and the lack of a stabilizing manager create significant post-listing price risk.