[Hong Kong Stock IPO] Zhongji Innolight opens book on Wednesday, issue price set, potential for profit!

$Zhongji Innolight(300308.SZ) $ZJ INNOLIGHT(03308.HK)

Today was really fierce, with a bunch of stocks opening low and closing high, and even many that resembled 'earth-to-sky boards' (stocks hitting limit down then limit up), such as PCB leader Dongshan Precision and the GPU server remanufacturing leader Xiechuang Data (I don't have many picks in my A-share watchlist, so there are definitely other earth-to-sky boards here, but I won't list them all).

However, I had a prophetic prediction for Dongshan Precision yesterday:

Look at today, 200 was basically the lowest point...

Okay, I admit, luck played a big role here. I didn't dare to buy when it hit the limit down at the morning open. As expected, hesitation leads to defeat. (But decisiveness leads to losing everything?)

OK, enough small talk, let's get to the main topic.

The latest news on Zhongji Innolight is that book-building opens on Wednesday, with a price cap of HKD 1010.

Originally, it was set to be priced at a 30% discount based on last Wednesday's figures, but due to the crash last Friday and pressure from cornerstone investors, the price was partially lowered.

As a result, it surged today, with Zhongji Innolight rebounding 13.2%, bringing the discount rate to about 23% off (77% of par).

As the leader of the 'Yi Tian Zhong' group and the global optical module 龙头 (leader), I expect the reasonable short-term discount rate to be around 10%. The space at a 23% discount is quite significant. Moreover, large AH shares generally have high volume and liquidity. As long as the minimum subscription fee per lot isn't too outrageous, the winning rate shouldn't be too low, and everyone will get some soup.

Remember what I said before: