手回集团 02621Prospectus Information

Prospectus Information
IPO Timeline
Broker Deadline
2025-05-27
Morning deadline
HKEX Deadline
2025-05-27
Noon deadline
Broker Results (T-2)
2025-05-28
Some brokers release in afternoon
Grey Market (T-1)
2025-05-29
Afternoon
HKEX Allotment (T-1)
2025-05-29
Evening
Registrar Allotment (T-1)
2025-05-29
Evening
Listing Day (T)
2025-05-30
First day of trading
Company Overview
Stock Name手回集团
Stock Code02621
Company Full Name手回集团
Industry保險
Principal Activities公司是一家中國人身險中介服務提供商,致力于通過人身險交易及服務平臺,在線為投保人及被保險人提供保險服務解決方案。
Listing Date2025-05-30
Listing Rules EraOld Rules
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國天津市濱海高新區華苑產業區工華道2號天津國際珠寶城1號樓2、4、5-402
Business Address (Hong Kong)To be extracted
Place of IncorporationTo be extracted
Listing MethodTo be extracted
Listing BoardMain Board
Websitehttps://www.shouhui-tech.com/zh-cn/index
Share Registrar卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar Contact(852)2980 1333
A-Share/US Dual ListingNo
Offering Information
Offering Mechanism To be extracted
Offer PriceHK$ 8.08 / shares
Offer Price RangeHK$ 6.48 - 8.08
Lot SizeTo be extracted
Entry ThresholdTo be extracted
Par ValueTo be extracted
Offer PeriodTo be extracted
Global Offering SharesTo be extracted
HK Public Offer Shares (Initial)To be extracted
Public Offer Lots (Initial)To be extracted
International Placing Shares (Initial)To be extracted
Offer RatioTo be extracted
Total Shares Post-IPOTo be extracted
Greenshoe (Over-allotment Option)No
Stabilizing Manager (Greenshoe)
Cornerstone Share24.9%
Clawback TiersTo be extracted
Reallocation OptionNo
Total Global Offering SizeHK$ 98,407,936
Subscription Tiers

Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.

Pool A
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1 lots 400 HK$ 3,232
2 lots 800 HK$ 6,464
3 lots 1,200 HK$ 9,696
4 lots 1,600 HK$ 12,928
5 lots 2,000 HK$ 16,160
6 lots 2,400 HK$ 19,392
7 lots 2,800 HK$ 22,624
8 lots 3,200 HK$ 25,856
9 lots 3,600 HK$ 29,088
10 lots 4,000 HK$ 32,320
15 lots 6,000 HK$ 48,480
20 lots 8,000 HK$ 64,640
25 lots 10,000 HK$ 80,800
30 lots 12,000 HK$ 96,960
35 lots 14,000 HK$ 113,120
40 lots 16,000 HK$ 129,280
45 lots 18,000 HK$ 145,440
50 lots 20,000 HK$ 161,600
75 lots 30,000 HK$ 242,400
100 lots 40,000 HK$ 323,200
125 lots 50,000 HK$ 404,000
150 lots 60,000 HK$ 484,800
175 lots 70,000 HK$ 565,600
200 lots 80,000 HK$ 646,400
225 lots 90,000 HK$ 727,200
250 lots 100,000 HK$ 808,000
500 lots 200,000 HK$ 1,616,000
750 lots 300,000 HK$ 2,424,000
1,000 lots 400,000 HK$ 3,232,000
1,250 lots 500,000 HK$ 4,040,000
1,500 lots 600,000 HK$ 4,848,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,750 lots 700,000 HK$ 5,656,000
2,000 lots 800,000 HK$ 6,464,000
2,250 lots 900,000 HK$ 7,272,000
2,500 lots 1,000,000 HK$ 8,080,000
2,750 lots 1,100,000 HK$ 8,888,000
3,045 lots 1,218,000 HK$ 9,841,440
Valuation & Financials
Market Cap (at Offer Price)To be extracted
Pre-IPO Valuation (Last Round)To be extracted
P/E RatioTo be extracted
Profit/Loss StatusTo be extracted
Period-End Cash BalanceTo be extracted
Listing ExpensesTo be extracted
Listing Expenses / Funds RaisedTo be extracted
Total Pre-IPO InvestmentTo be extracted
First Day Performance
First Day CloseHK$ 6.61
First Day OpenHK$ 7.5
First Day Change-18.19%
First Day Volume21324400.0
First Day Turnover154173000.0
Use of Proceeds
Use of Proceeds1、約60%或約69.8百萬港元預期將在未來60個月用于加強及優化銷售及營銷網絡以及改善服務; 2、約20%或約23.3百萬港元預期將在未來60個月用于提升研發能力及改善技術基礎設施; 3、約10%或約11.6百萬港元預期將用于甄選合并、收購及戰略投資; 4、約10%或約11.6百萬港元預期將在未來60個月用作營運資金及一般企業用途。
Underwriting Syndicate
Joint Sponsors (2)
中国国际金融香港证券有限公司 CE AEN894 华泰金融控股(香港)有限公司 CE AOK809
Overall Coordinators (4)
中国国际金融香港证券有限公司 CE AEN894 华泰金融控股(香港)有限公司 CE AOK809 建银国际金融有限公司 CE AJO225 中信里昂证券有限公司 CE AAB893
Joint Bookrunners (10)
中国国际金融香港证券有限公司 CE AEN894 华泰金融控股(香港)有限公司 CE AOK809 建银国际金融有限公司 CE AJO225 中信里昂证券有限公司 CE AAB893 招银国际融资有限公司 CE AVM940 富途证券国际(香港)有限公司 CE AZT137 百惠证券有限公司 CE BPQ161 TradeGo Markets Limited CE BRO637 老虎证券(香港)环球有限公司 CE BMU940 迈时资本有限公司 CE BNO600
Joint Lead Managers (10)
中国国际金融香港证券有限公司 CE AEN894 华泰金融控股(香港)有限公司 CE AOK809 建银国际金融有限公司 CE AJO225 中信里昂证券有限公司 CE AAB893 招银国际融资有限公司 CE AVM940 富途证券国际(香港)有限公司 CE AZT137 百惠证券有限公司 CE BPQ161 TradeGo Markets Limited CE BRO637 老虎证券(香港)环球有限公司 CE BMU940 迈时资本有限公司 CE BNO600
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 海泰(香港)有限公司 38,354,144 HKD 19.49% 6 months 2025-11-30
2 韬越实业有限公司 10,701,152 HKD 5.44% 6 months 2025-11-30
Directors & Management
Chairman光耀
Company Secretary李情,曾昭
No director data available.
Major Shareholders
Major Shareholders & HoldingsLittle Blue Light Ltd(26.48%),天津歌斐諾辰企業管理合伙企業(有限合伙)(12.55%),西藏聚智創業投資有限公司及天津聚新科技發展合伙企業(有限合伙)(11.80%),北京雨澄管理咨詢中心(有限合伙)(11.64%),Convolution Ltd(7.30%)
AI AI Analysis
!
The following content is generated by an AI model based on historical IPO data. It does NOT constitute investment advice, solicitation, or recommendation. Past subscription patterns and post-listing performance do not guarantee future results. Data may contain inaccuracies — always verify against official HKEX filings and prospectuses before making any investment decision.

Market Sentiment

The IPO of 手回集团 (02621) saw extraordinary demand, with an oversubscription ratio of 990x, forcing reallocation of shares from the international tranche to the HK public offering. The overall hit rate of 26.42% reflects intense competition for allocations despite the high subscription level. Final pricing at HK$8.08 met market expectations, underscoring strong sentiment. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A notable anomaly appears between the top of A-tier (甲尾) and the entry of B-tier (乙头): applying 600,000 lots in A-tail yields an expected 0.7006 lots, while the larger 700,000-lot B-head application expects only 0.4294 lots. This inefficiency suggests that marginal lots at the tier boundary are not rewarding, making the B-head relatively unattractive after broker costs. Investors should verify fee structures, as actual net benefits may differ. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Mainland Chinese investors comprised 72.1% of the expanded holder base, highlighting dominant cross-border participation in this IPO. Male investors outnumbered females at 66.1% to 33.9%, with an average participant age of 42.1 years. The demographic skew points to strong interest from experienced mainland retail investors, often concentrated in Guangdong but regional data is not available. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Subscription Tiers
IPO Timeline
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