---
title: "[H-Share IPO] Yung Ying Gu (Cloud Hero Valley) was a letdown, Hua Xi Da (China Xida) turned out to be the dark horse!"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41126789.md"
description: "Hello, I'm Hertz. 1. Listing situation: none. 2. Grey market situation: The three small ones in today's grey market $DEEPZERO(02723.HK): No controversy, basically everyone is bullish, but the performance was not affected at all by recent events. Opened high and stable, doubled, surged directly at the close. The Fu system grey market closed up 168.47%, one lot soared 9350 HKD, too strong. Those who didn't sell still have something to watch tomorrow, can still surge a bit. The downside is just that you can't get allocated. $SDMC(00901.HK): Opened low and went high, a proper dark horse posture. Surged at the close, Fu system grey market closed up 93.6%, almost doubled..."
datetime: "2026-05-26T16:47:44.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41126789.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41126789.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41126789.md)
author: "[赫兹点金日记](https://longbridge.com/en/profiles/19260142.md)"
---

# [H-Share IPO] Yung Ying Gu (Cloud Hero Valley) was a letdown, Hua Xi Da (China Xida) turned out to be the dark horse!

Hello, this is Hertz.

# **I. Listing Status**

**None**

# **II. Grey Market Performance**

Three small caps had their grey market trading today.

$DEEPZERO(02723.HK) **:**No controversy, basically everyone is bullish, but its performance was completely unaffected by recent events. It opened high steadily, doubled, and surged directly in late trading. It closed up 168.47% on the Futu grey market, with one lot gaining 9,350 HKD. It's too strong. Those who haven't sold still have something to watch tomorrow, and it can still surge. The downside is just that I didn't get an allocation.

$SDMC(00901.HK) **:**Opened low and closed high, a true dark horse posture. Surged in late trading, closed up 93.6% on the Futu grey market, nearly doubling. One lot made a profit of 3,070 HKD. I haven't sold yet, and it should continue to surge tomorrow.

$VIEWTRIX TECH(03310.HK) **:**Rose 20%+, just barely met the entry threshold for the Stock Connect and then stopped moving. Lame, not interesting.

**Summary:**Huaxida : Yunying : Shenyan = 4:4:2. I only got 1 lot of Huaxida and 2 lots of Yunying. Didn't expect Yunying to stop right after reaching the Stock Connect threshold, and didn't expect Huaxida to be this strong.

# **III. IPO Allotment Results**

**Creality 3D, results will be announced on Wednesday afternoon.**Due to recent force majeure, I didn't post an article, only notified in the group.

# **IV. IPO Subscription**

Currently in the offering isShougang Langze,yes, it's back. Seeing it, I really want to laugh. Let's first look at the basic offering information today.**Shougang Langze:**

1\. Sponsor: Yuexiu

2\. Business: A company engaged in the carbon capture, utilization, and storage (CCUS) industry

3\. Reallocation Mechanism: B (10%)

4\. Offer Price: 14.6~17.1 HKD

5\. Minimum Subscription Fee: 3,454.49 HKD

6\. Total Public Lots: 20,000 lots

7\. Group A Tail: 3.45 million

8\. Group B Head: 5.18 million

9\. Total Fundraising Amount: 584 million ~ 684 million

10\. Total Market Cap: 5.84 billion ~ 6.84 billion

11\. Offering Ratio: 10%

12\. Cornerstone Investor Ratio: None

13\. Green Shoe: Yes

14\. Over-allotment Option: None

The rocky road to listing for Shougang Langze:

2024.12.31【Application Filed】

2025.6.27【Hearing Passed】

2025.6.30【Offering】

2025.7.2【Offering Delayed】

2025.7.7【Offering Again】

2025.7.11【Offering Delayed Again】

2026.3.27【Re-filed Application】: Changed sponsor

2026.5.21【Hearing Passed】

2026.5.26【Offering】

(For personal sharing only, not investment advice, for reference only)

⚠️ Disclaimer:  
Some materials in this article are sourced from public networks, copyright belongs to the original author. Content is compiled based on public information, for reference only, and does not constitute any investment advice. Investment involves risks, participation requires caution. The targets mentioned in the article are for personal trading records only and do not constitute investment advice. We are not responsible for any losses incurred from such investments!

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## Comments (2)

- **新用户_L8ntnEo · 2026-05-26T22:57:48.000Z**: When the call has already been divided into two parts by the Supreme Commander