---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42528375.md"
description: "If the market is truly "priced down" as widely believed, there may be two scenarios on the first day: Scenario 1: Rebound after price suppression If the issuance is sufficiently suppressed and institutional subscription is strong, the first day may: open low and then pull back, closing at $166–185. This is the favorite scenario for the bulls. Scenario 2: Sentiment remains unrepaired, continues to break the issue price If Korean stocks remain weak and AI/semiconductor funds withdraw, the first day may: close at $150–166. The "foreign capital suppressing prices" theory has some logic, but it shouldn't be viewed solely as a conspiracy. It's more likely: weakening sentiment for Korean stocks + profit-taking in AI/semiconductors + pressure from the massive issuance + institutions taking advantage to suppress prices in a game. I personally remain cautious, believing the $150–166 or $166–185 ranges are most worth watching. An extreme surge above $210 would require very strong capital sentiment."
datetime: "2026-07-08T23:03:36.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42528375.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42528375.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42528375.md)
author: "[cosara](https://longbridge.com/en/profiles/13715663.md)"
---

# If the market is truly "priced down" as wi…


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