---
title: "[HK IPO Subscription] Xiao Xin got all six new stocks right, Ketuo +201% chef perfectly delivered, Xinqi +85% A-H share discount logic verified again"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42185831.md"
description: "First, the data: Xinqi Micro Equipment (09630.HK): Opening price 403 HKD, high 483.8 HKD (+91%), current price 468.8 HKD, +85.49%; Ketuo Co., Ltd. (02272.HK): Opening price 92 HKD, high 120 HKD (+203%), current price 119.4 HKD..."
datetime: "2026-06-25T10:23:15.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42185831.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42185831.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42185831.md)
author: "[新股资本](https://longbridge.com/en/profiles/2064959292688433152.md)"
---

# [HK IPO Subscription] Xiao Xin got all six new stocks right, Ketuo +201% chef perfectly delivered, Xinqi +85% A-H share discount logic verified again

First, the data:

**Xinji Micro Equipment (09630.HK)**: Opened at HKD 403, high of HKD 483.8 (+91%), current price HKD 468.8, +85.49%

**Ketuo Co., Ltd. (02272.HK)**: Opened at HKD 92, high of HKD 120 (+203%), current price HKD 119.4, +201.90%

**Zhongke Wenge (01956.HK)**: Grey market +70-80%

**Shengbang Co., Ltd. (03661.HK)**: Grey market around +20%

**Lingyi Zhizao (01688.HK)**: Grey market around +20%

**MERDEKAGOLD (06228.HK)**: Grey market broke issue price

![Image](https://pub.pbkrs.com/uploads/2026/0249e37a6334f067826a61aa968601fd?x-oss-process=style/lg)

![Image](https://pub.pbkrs.com/uploads/2026/e4b87fba1d3c868052c4c86ecdb0aa2c?x-oss-process=style/lg)

Remember what Xiao Xin said back then?

The first three AH stocks had thick enough discounts, solid fundamentals, and a luxurious cornerstone lineup, so bullets were given to these three first; **First recommended Xinji Micro Equipment, then Zhongke Wenge has AI concept support but expensive valuation, sell quickly if you got it; Ketuo Co., Ltd. is a chef's stock gamble, use a small cash position to try one lot, don't use margin; MERDEKAGOLD had the coldest margin subscription, just skip it.**

All six tonight went exactly as scripted.

Xinji Micro Equipment, one lot is 50 shares, based on the high of HKD 483.8, the maximum paper profit per lot was **over HKD 11,000**, making it the highest absolute profit meat ticket among the six tonight (Xiao Xin got out when it hit 475, sensing something was wrong).

For Ketuo Co., Ltd., Xiao Xin used cash to try **60 lots and got 1 lot, making a small double profit**.

For Zhongke Wenge, the original advice was "sell quickly if you got it". Friends who followed Xiao Xin's advice and sold in time when it surged at open made good money tonight.

Shengbang Co., Ltd. and Lingyi Zhizao both performed exactly as predicted initially—reasonable discount, large supply, friendly allocation. The money made here is certain money, not chasing the highest elasticity.

MERDEKAGOLD broke its issue price, validating the initial judgment to "skip it as it had the coldest margin subscription".

**Xiao Xin's Conclusion**

Five out of six closed in the green, one market maker stock blew up, and the AH discount logic was once again perfectly validated

**Tonight, Xiao Xin also filled his sack, a full harvest**$KEYTOP PARKING(02272.HK) $CFMEE(688630.SH) $CFMEE(09630.HK)

### Related Stocks

- [09630.HK](https://longbridge.com/en/quote/09630.HK.md)
- [688630.CN](https://longbridge.com/en/quote/688630.CN.md)
- [06228.HK](https://longbridge.com/en/quote/06228.HK.md)
- [02272.HK](https://longbridge.com/en/quote/02272.HK.md)
- [01688.HK](https://longbridge.com/en/quote/01688.HK.md)
- [002600.CN](https://longbridge.com/en/quote/002600.CN.md)
- [01956.HK](https://longbridge.com/en/quote/01956.HK.md)
- [300661.CN](https://longbridge.com/en/quote/300661.CN.md)
- [03661.HK](https://longbridge.com/en/quote/03661.HK.md)