汽车街 02443Prospectus Information

Prospectus Information
IPO Timeline
Broker Deadline
2024-05-28
Morning deadline
HKEX Deadline
2024-05-28
Noon deadline
Broker Results (T-2)
2024-05-29
Some brokers release in afternoon
Grey Market (T-1)
2024-05-30
Afternoon
HKEX Allotment (T-1)
2024-05-30
Evening
Registrar Allotment (T-1)
2024-05-30
Evening
Listing Day (T)
2024-05-31
First day of trading
Company Overview
Stock Name汽车街
Stock Code02443
Company Full Name汽车街
Industry軟件服務
Principal Activities公司是專注于二手車業務價值提升的交易服務平臺,通過線上線下一體化的拍賣模式,結合多方位的增值服務內容,為買家及賣家提供端到端的高標準化、高可靠性、高效透明的二手車交易解決方案,幫助買賣雙方優化二手車交易流程,提高其二手車業務的效率及盈利能力。
Listing Date2024-05-31
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國上海市普陀區真北路2251號開隆中心6樓
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttp://www.autostreets.com/
Share Registrar卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar Contact(852)2980 1333
A-Share/US Dual ListingNo
Offering Information
Offering Mechanism To be extracted
Offer PriceHK$ 10.20 / shares
Offer Price RangeTo be extracted
Lot SizeTo be extracted
Entry ThresholdTo be extracted
Par ValueTo be extracted
Offer PeriodTo be extracted
Global Offering SharesTo be extracted
HK Public Offer Shares (Initial)To be extracted
Public Offer Lots (Initial)To be extracted
International Placing Shares (Initial)To be extracted
Offer RatioTo be extracted
Total Shares Post-IPOTo be extracted
Greenshoe (Over-allotment Option)No
Stabilizing Manager (Greenshoe)
Cornerstone Share0%
Clawback TiersTo be extracted
Reallocation OptionNo
Total Global Offering SizeHK$ 30,600,000
Valuation & Financials
Market Cap (at Offer Price)To be extracted
Pre-IPO Valuation (Last Round)To be extracted
P/E RatioTo be extracted
Profit/Loss StatusTo be extracted
Period-End Cash BalanceTo be extracted
Listing ExpensesTo be extracted
Listing Expenses / Funds RaisedTo be extracted
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 12.94
First Day OpenHK$ 14.5
First Day Change26.86%
First Day Volume7705800.0
First Day Turnover114627000.0
Use of Proceeds
Use of Proceeds1、約40.0%(或39.2百萬港元)將用于擴充拍場網絡的地理覆蓋; 2、約10.0%(或9.8百萬港元)將用于加強與現有賣家及買家的關系,以及為平臺吸引新賣家及買家; 3、約15.0%(或14.8百萬港元)將用于發展及多元化拓展服務組合,并探索新增長領域; 4、約15.0%(或14.8百萬港元)將用于進一步投資于研發,進一步加強數字化基礎設施,并持續支援數字化舉措; 5、約10.0%(或9.7百萬港元)將用于與業務伙伴建立潛在戰略伙伴關系及結盟,以及對行業的目標公司作出投資及╱或收購行業的目標公司的控股權益; 6、約10.0%(或9.7百萬港元)將用作營運資金及一般企業用途。
Underwriting Syndicate
Joint Sponsors (2)
中信证券(香港)有限公司 CE AAK249 海通国际资本有限公司 CE ADQ859
Overall Coordinators (2)
中信里昂证券有限公司 CE AAB893 海通国际证券有限公司 CE AAF806
Joint Bookrunners (12)
中信里昂证券有限公司 CE AAB893 海通国际证券有限公司 CE AAF806 复星国际证券有限公司 CE AAF432 中国银河国际证券(香港)有限公司 CE AXM459 招银国际融资有限公司 CE AVM940 浦银国际融资有限公司 CE BFZ375 农银国际证券有限公司 CE ACX411 中银国际亚洲有限公司 CE AET863 富途证券国际(香港)有限公司 CE AZT137 利弗莫尔证券有限公司 CE BJN764 百惠证券有限公司 CE BPQ161 瑞邦证券有限公司 CE BIJ312
Joint Lead Managers (12)
中信里昂证券有限公司 CE AAB893 海通国际证券有限公司 CE AAF806 复星国际证券有限公司 CE AAF432 中国银河国际证券(香港)有限公司 CE AXM459 招银国际融资有限公司 CE AVM940 浦银国际融资有限公司 CE BFZ375 农银国际证券有限公司 CE ACX411 中银国际亚洲有限公司 CE AET863 富途证券国际(香港)有限公司 CE AZT137 利弗莫尔证券有限公司 CE BJN764 百惠证券有限公司 CE BPQ161 瑞邦证券有限公司 CE BIJ312
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
Chairman楊漢松
Company Secretary高鹍;陳秀玲
No director data available.
Major Shareholders
Major Shareholders & Holdings昌廣投資有限公司(12.01%);Manheim Investments, Inc.(10.81%);Zhuoheng Holding Limited(8.42%);World Key Investment Trading Limited(6.00%)
AI AI Analysis
!
The following content is generated by an AI model based on historical IPO data. It does NOT constitute investment advice, solicitation, or recommendation. Past subscription patterns and post-listing performance do not guarantee future results. Data may contain inaccuracies — always verify against official HKEX filings and prospectuses before making any investment decision.

Market Sentiment

The IPO of 汽车街 (02443) attracted extremely strong market enthusiasm, with an oversubscription ratio of 433.34x indicating massive retail investor demand. Despite this, the overall hit rate stood at 33.98%, notably high for such intense competition, possibly due to a favorable allocation mechanism or a large retail tranche. The offer price was finalized at 10.2 HKD, though no price range data is available for comparison. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

No tier-level breakdown was provided in the data, making it impossible to identify anomalies such as 甲尾–乙头 inefficiencies or uneven winner ratios. However, the high overall hit rate of 33.98% amidst 433x oversubscription is atypical and may hint at disproportionate allocations to smaller bids or unique lottery mechanics. Without granular tier data, specific broker fee efficiencies cannot be assessed. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Mainland Chinese applicants dominated with an 88.7% participation rate, reflecting strong cross-border interest. The gender split was nearly balanced at 52.2% male and 47.8% female, and the average investor age was 44.9 years, indicating a mature and experienced investor base. No regional concentration data was available, but such high mainland participation often correlates with Guangdong-dominated demand. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

IPO Timeline
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