According to BlockBeats, Unitree Technology began its online and offline subscription processes on August 10. Investors whose daily average market value in their Shanghai stock account reaches or exceeds 60,000 yuan will receive 12 allocation numbers and can apply for the maximum of 6,000 shares. The probability of winning a lottery allocation is identical for eligible large and retail investors. Based on forecasts from several institutions, the lottery rate for a single allocation number is projected at around 0.03%, giving a single account an overall winning probability of approximately 0.36% when using all 12 allocation numbers. Separately, Trade.xyz lists Unitree's pre-IPO perpetual contract at $86.40 today, equivalent to about 582.99 yuan. That compares with an IPO issue price of 150.8 yuan per share, meaning the pre-market contract trades at roughly 3.86 times the issue price. The STAR Market IPO plans to issue 40.4464 million new shares, accounting for 10% of the enlarged share capital. Each lot comprises 500 shares and requires a subscription payment of about 75,400 yuan. Based on Trade.xyz's latest price, 500 shares are worth approximately 291,400 yuan, leaving a potential profit of about 216,000 yuan per lot after subtracting the subscription payment.
According to BlockBeats, Unitree Technology on August 10 opened its subscription window for both institutional and retail investors ahead of a STAR Market IPO. Anyone with a daily average Shanghai stock account market value of at least 60,000 yuan gets 12 allocation numbers and can subscribe for the full 6,000 shares. The rules treat large and retail investors the same: the probability of winning an allocation is identical for all qualified accounts.
According to projections from several institutions, the lottery rate for a single allocation number is around 0.03%. An account using all 12 allocation numbers therefore has a total win probability of about 0.36%.
On Trade.xyz, the pre-IPO perpetual contract for Unitree is trading at $86.40 today, or about 582.99 yuan. That is approximately 3.86 times the IPO issue price of 150.8 yuan per share. The company plans to issue 40.4464 million shares on the STAR Market, equivalent to 10% of the post-issuance share capital. Each lot consists of 500 shares, requiring a subscription payment of roughly 75,400 yuan.
Using Trade.xyz's latest quote, 500 shares would be worth about 291,400 yuan. After deducting the 75,400 yuan subscription payment, the potential profit for one lot is estimated at around 216,000 yuan.
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