IPO Timeline
Broker Deadline
2025-06-23
Morning deadline
HKEX Deadline
2025-06-23
Noon deadline
Broker Results (T-2)
2025-06-24
Some brokers release in afternoon
Grey Market (T-1)
2025-06-25
Afternoon
HKEX Allotment (T-1)
2025-06-25
Evening
Registrar Allotment (T-1)
2025-06-25
Evening
Listing Day (T)
2025-06-26
First day of trading
Company Overview
| Stock Name | 周六福 |
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| Stock Code | 06168 |
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| Company Full Name | 周六福 |
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| Industry | 零售 |
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| Principal Activities | 公司是一家中國珠寶公司，擁有全國的銷售網絡及高度認可的品牌。 |
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| Listing Date | 2025-06-26 |
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| Listing Rules Era | Old Rules |
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| Listing Rules Chapter | To be extracted |
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| Weighted Voting Rights (WVR) | No |
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| Registered Address (Mainland China) | 中國廣東省深圳市羅湖區東曉街道東曉社區太白路3031號中冠商務大廈2301–2409 |
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| Business Address (Hong Kong) | To be extracted |
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| Place of Incorporation | To be extracted |
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| Listing Method | To be extracted |
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| Listing Board | Main Board |
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| Website | https://www.zlf.cn/ |
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| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
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| Registrar Contact | (852)2862 8628 |
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| A-Share/US Dual Listing | No |
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Offering Information
| Offering Mechanism |
To be extracted
|
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| Offer Price | HK$ 24.00 / shares |
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| Offer Price Range | Final offer price only, no range |
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| Lot Size | To be extracted |
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| Entry Threshold | To be extracted |
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| Par Value | To be extracted |
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| Offer Period | 2025-06-18 to 2025-06-23 |
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| Global Offering Shares | To be extracted |
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| HK Public Offer Shares (Initial) | To be extracted |
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| Public Offer Lots (Initial) | To be extracted |
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| International Placing Shares (Initial) | To be extracted |
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| Offer Ratio | To be extracted |
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| Total Shares Post-IPO | To be extracted |
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| Greenshoe (Over-allotment Option) | No |
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| Stabilizing Manager (Greenshoe) | — |
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| Cornerstone Share | 44.4% |
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| Clawback Tiers | To be extracted |
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| Reallocation Option | No |
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| Total Global Offering Size | HK$ 561,696,000 |
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Valuation & Financials
| Market Cap (at Offer Price) | To be extracted |
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| Pre-IPO Valuation (Last Round) | To be extracted |
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| P/E Ratio | To be extracted |
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| Profit/Loss Status | To be extracted |
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| Period-End Cash Balance | To be extracted |
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| Listing Expenses | To be extracted |
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| Listing Expenses / Funds Raised | To be extracted |
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| Total Pre-IPO Investment | To be extracted |
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First Day Performance
| First Day Close | HK$ 30.0 |
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| First Day Open | HK$ 26.7 |
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| First Day Change | 25.00% |
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| First Day Volume | 35215600.0 |
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| First Day Turnover | 957119000.0 |
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Use of Proceeds
| Use of Proceeds | 1、約50.0%或512.1百萬港元將分配用于擴大和加強銷售網絡，這對提升市場地位及通過直接與消費者互動推動業績增長至關重要；
2、約20.0%或204.8百萬港元將用于加強品牌，以提高品牌的市場知名度；
3、約20.0%或204.8百萬港元將分配用于提升產品供應及加強產品設計及開發能力；
4、約10.0%或102.4百萬港元將分配作運營資金及一般企業用途。 |
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Underwriting Syndicate
Joint Sponsors (2)
中国国际金融香港证券有限公司 CE AEN894
中信建投（国际）融资有限公司 CE BAU112
Sponsor cum Overall Coordinator (2)
中国国际金融香港证券有限公司 CE AEN894
中信建投（国际）融资有限公司 CE BAU112
Overall Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894
中信建投（国际）融资有限公司 CE BAU112
招银国际融资有限公司 CE AVM940
Joint Global Coordinators (3)
中国国际金融香港证券有限公司 CE AEN894
中信建投（国际）融资有限公司 CE BAU112
招银国际融资有限公司 CE AVM940
Joint Bookrunners (10)
中国国际金融香港证券有限公司 CE AEN894
中信建投（国际）融资有限公司 CE BAU112
招银国际融资有限公司 CE AVM940
农银国际融资有限公司 CE AWL249
交银国际证券有限公司 CE APJ121
中国银河国际证券（香港）有限公司 CE AXM459
兴证国际融资有限公司 CE BAK956
复星国际证券有限公司 CE AAF432
富途证券国际（香港）有限公司 CE AZT137
老虎证券（香港）环球有限公司 CE BMU940
Joint Lead Managers (10)
中国国际金融香港证券有限公司 CE AEN894
中信建投（国际）融资有限公司 CE BAU112
招银国际融资有限公司 CE AVM940
农银国际证券有限公司 CE ACX411
交银国际证券有限公司 CE APJ121
中国银河国际证券（香港）有限公司 CE AXM459
兴证国际融资有限公司 CE BAK956
复星国际证券有限公司 CE AAF432
富途证券国际（香港）有限公司 CE AZT137
老虎证券（香港）环球有限公司 CE BMU940
Capital Market Intermediaries (11)
中国国际金融香港证券有限公司 CE AEN894
中信建投（国际）融资有限公司 CE BAU112
招银国际融资有限公司 CE AVM940
农银国际融资有限公司 CE AWL249
农银国际证券有限公司 CE ACX411
交银国际证券有限公司 CE APJ121
中国银河国际证券（香港）有限公司 CE AXM459
兴证国际融资有限公司 CE BAK956
复星国际证券有限公司 CE AAF432
富途证券国际（香港）有限公司 CE AZT137
老虎证券（香港）环球有限公司 CE BMU940
Service Providers
| Role | Institution |
|---|
| Legal Advisor to Company |
普衡律师事务所
中伦律师事务所
|
| Legal Advisor to Sponsors/Underwriters |
苏利文•克伦威尔律师事务所（香港）有限法律责任合伙
海问律师事务所
|
| Auditor and Reporting Accountant |
安永会计师事务所
|
| Industry Advisor |
弗若斯特沙利文（北京）咨询有限公司上海分公司
|
| Compliance Advisor |
复星国际资本有限公司
|
| Receiving Banks |
中国银行（香港）有限公司
中信银行（国际）有限公司
|
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
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| 1 |
Jump Trading Pacific Pte. Ltd. |
78,487,200 HKD |
— |
6.08% |
— |
6 months |
2025-12-26 |
| 2 |
Seraphim Advantage Inc. |
39,242,400 HKD |
— |
3.04% |
— |
6 months |
2025-12-26 |
| 3 |
广发基金管理有限公司 |
19,999,200 HKD |
— |
1.55% |
— |
6 months |
2025-12-26 |
| 4 |
君宜永信及CICC Financial Trading Limited |
32,464,800 HKD |
— |
2.51% |
— |
6 months |
2025-12-26 |
| 5 |
凯因家族办公室有限公司 |
47,092,800 HKD |
— |
3.65% |
— |
6 months |
2025-12-26 |
| 6 |
灵宝黄金国际有限公司 |
30,000,000 HKD |
— |
2.32% |
— |
6 months |
2025-12-26 |
| 7 |
深圳市罗湖投资控股有限公司 |
216,115,200 HKD |
— |
16.73% |
— |
6 months |
2025-12-26 |
| 8 |
永诚贰号香港有限公司 |
109,999,200 HKD |
— |
8.51% |
— |
6 months |
2025-12-26 |
Directors & Management
| Chairman | 李偉柱 |
|---|
| Company Secretary | 吳陽,翁美儀 |
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No director data available.
Major Shareholders
| Major Shareholders & Holdings | 深圳若水聯合投資有限公司(32.59%),深圳上善聯合投資有限公司(24.44%),深圳乾坤聯合投資有限公司(24.01%) |
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!
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 attracted overwhelming retail interest, with an oversubscription ratio of 711.11x indicating fierce competition for shares. Surprisingly, the hit rate reached 31.27%, a high figure for such demand, likely due to reallocation boosting retail allocations. The final price of HKD 24.0 suggests strong demand without pushing to the top of a range. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
A 711x oversubscription would normally imply single-digit hit rates, yet 31.27% signals a very flat allocation curve, reducing the relative advantage of larger tier applications. This pattern suggests reallocation may have disproportionately benefited smaller bids, potentially making traditional 乙头 strategies less efficient. Detailed tier data is needed to confirm specific anomalies. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Demographic data for this IPO was not provided, leaving participation patterns unknown. Chinese consumer IPOs often see strong mainland interest, but without statistics, no reliable observations can be made. Investors should refer to official filings for any holder analysis. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Disclaimer & Risk Warning
Site Nature: This website (cibo.qizai.ai) is an independent technology product showcase platform established by Panda Securities Limited (CE Number: BNC380). This website itself and all content displayed herein do not constitute and are not involved in any regulated activity or licensed service.
Not Investment Advice: The data on this page is automatically extracted from prospectus PDFs by AI and may contain omissions or errors. All information and data on this page are sourced from prospectuses and related historical documents, are not real-time data, and will not be automatically updated, reflecting historical information at the time of prospectus publication. All content is provided solely for AI tool analysis learning exchange and technical reference purposes, and absolutely does not constitute any investment advice, offer to buy or sell, solicitation, recommendation, or guarantee. The output of this AI analysis tool should not be interpreted as investment opinion.
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