法国巴黎证券(亚洲)有限公司 CE AAF669中信里昂证券有限公司 CE AAB893招银国际融资有限公司 CE AVM940星展亚洲融资有限公司 CE AAE430
Joint Bookrunners (8)
法国巴黎证券(亚洲)有限公司 CE AAF669中信里昂证券有限公司 CE AAB893招银国际融资有限公司 CE AVM940星展亚洲融资有限公司 CE AAE430中湾国际证券有限公司 CE BTW258第一上海证券有限公司 CE ABV488富途证券国际(香港)有限公司 CE AZT137软库中华金融服务有限公司 CE ABD523
Joint Lead Managers (8)
法国巴黎证券(亚洲)有限公司 CE AAF669中信里昂证券有限公司 CE AAB893招银国际融资有限公司 CE AVM940星展亚洲融资有限公司 CE AAE430中湾国际证券有限公司 CE BTW258第一上海证券有限公司 CE ABV488富途证券国际(香港)有限公司 CE AZT137软库中华金融服务有限公司 CE ABD523
Cornerstone Investors
This stock has no cornerstone investors.
Directors & Management
Chairman
劉巨榮
Company Secretary
鐘閣娟
No director data available.
Major Shareholders
Major Shareholders & Holdings
穎通國際有限公司(75%)
AIAI 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 received a moderate oversubscription ratio of 35.84x, indicating reasonable but not feverish market enthusiasm. The reported hit rate of 0.0%—with zero accepted applications out of 31,796—is highly anomalous and may reflect incomplete data or an atypical allocation structure requiring verification. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Tier Analysis
At the A-tail (1,000,000 shares applied) and B-head (2,000,000 shares applied) tiers, both are expected to receive just 1 lot, making the B-head option highly inefficient as it ties up twice the capital for the same allocation. This compressed expected-lot outcome blurs the typical risk/reward distinction between tiers and may erode the benefit of higher-tier applications. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographics
Mainland China participation dominates at 78.8% of applicants, signaling strong cross-border interest possibly linked to the issuer's mainland exposure or brand recognition. The investor base skews male (64%) with an average age of 41.7, typical of Hong Kong IPOs, though the heavy mainland contingent suggests Guangdong or nearby regions as likely concentrations. (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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