Diagens-B 02526Expected Lots

Diagens-B (02526) Expected Lots
Offering Mechanism: Mechanism B | Min Subscription: HK$4,950  |  Public Offering Lots: Pool A 7,999lots / Pool B 7,999lots  |  Offer Price: HK$99.00  |  Lot Size: 50shares  |  Public Offering Size: HK$79.2M
1x12627.0x
Recent first-day return
+4.6%
→
Participants
17,891
→
Avg lots
71.0
→
Oversubscription
79x
79x = 17,891 × 71.0 ÷ 15,998 margin-weighted 100% → 907.2x
Margin dynamics · 2026-03-25 17:25 Margin multiple708.72x Margin funds637.8100M TradeGo forecast multiple907.17x
Rank Broker Margin funds
1 富途证券富途 402.8100M
2 辉立证券辉立 126.0100M
3 老虎国际老虎 57.0100M
4 华泰国际华泰 16.3100M
5 招银国际招银 9.0100M
6 TradeGo MarketsTradeGo 7.7100M
7 华盛证券华盛 6.7100M
8 信诚证券信诚 5.0100M
9 熊猫证券熊猫 3.0100M
Margin multiple
TimeMultiple
2026-03-20T06:00:00+08:000
2026-03-20T10:09:26+08:000.00111123458162018
2026-03-20T10:49:34+08:000.002000222246916324
2026-03-20T11:11:01+08:000.029336592954772752
2026-03-20T11:11:41+08:000.2849205467274142
2026-03-20T11:12:17+08:000.29492165796199576
2026-03-20T11:39:10+08:000.2958106456272919
2026-03-20T12:07:41+08:000.3797088565396155
2026-03-20T12:10:10+08:000.5908434270474497
2026-03-20T13:39:57+08:000.6022891432381375
2026-03-20T13:40:48+08:000.8165351705745083
2026-03-20T13:41:30+08:000.9498833203689299
2026-03-20T14:16:55+08:000.9575508389821091
2026-03-20T14:17:29+08:001.2575841760195576
2026-03-20T14:19:38+08:001.7176352928103122
2026-03-20T15:17:00+08:001.759084342704745
2026-03-20T15:20:25+08:001.803533725969552
2026-03-20T15:21:23+08:001.8036448494277142
2026-03-20T15:22:38+08:001.9147683075897322
2026-03-20T16:27:13+08:001.9168796532948105
2026-03-20T16:27:41+08:002.050227803089232
2026-03-20T16:28:48+08:002.0568952105789533
2026-03-20T17:08:21+08:002.178797644182687
2026-03-20T17:08:27+08:002.3232581397933103
2026-03-20T18:02:06+08:002.4343815979553285
2026-03-20T18:02:48+08:004.101233470385599
2026-03-20T18:04:52+08:004.168018668740971
2026-03-20T18:06:57+08:004.77919768863207
2026-03-20T18:21:57+08:004.849983331481276
2026-03-20T20:30:23+08:004.896321813534837
2026-03-20T20:31:21+08:004.898766529614401
2026-03-20T20:32:07+08:004.9765529503278145
2026-03-20T20:32:32+08:005.2988109789976665
2026-03-20T22:22:37+08:005.302589176575175
2026-03-20T22:23:40+08:005.274697188576509
2026-03-20T22:24:22+08:005.308034226025114
2026-03-20T22:24:36+08:005.441382375819535
2026-03-21T10:25:13+08:005.655628403155906
2026-03-21T10:25:53+08:005.655628403155906
2026-03-21T10:27:01+08:005.669407711967996
2026-03-21T10:30:22+08:005.669407711967996
2026-03-21T10:31:40+08:006.913990443382598
2026-03-21T10:32:01+08:006.936215135015002
2026-03-21T10:32:29+08:006.944104900544505
2026-03-21T12:23:42+08:007.278030892321369
2026-03-21T12:24:13+08:007.277141904656073
2026-03-21T12:24:57+08:007.31992443604845
2026-03-21T12:25:49+08:007.264362706967441
2026-03-21T15:26:39+08:007.263584842760307
2026-03-21T15:27:48+08:007.775863984887209
2026-03-21T15:33:06+08:008.27591954661629
2026-03-21T15:33:33+08:009.087120791199021
2026-03-21T18:12:44+08:009.117679742193577
2026-03-21T18:13:35+08:009.168240915657295
2026-03-21T18:14:20+08:009.44604956106234
2026-03-21T18:14:46+08:009.56828536504056
2026-03-21T20:13:00+08:009.578175352816979
2026-03-21T20:13:44+08:009.704744971663517
2026-03-21T20:14:27+08:009.71585731747972
2026-03-21T22:10:45+08:009.782975886209579
2026-03-21T22:11:33+08:0010.003444827203023
2026-03-21T22:12:15+08:0010.514612734748304
2026-03-21T22:12:34+08:0010.4812756972997
2026-03-22T09:21:50+08:0010.4812756972997
2026-03-22T10:08:35+08:0010.55283920435604
2026-03-22T10:09:30+08:0010.6541837981998
2026-03-22T10:11:08+08:0011.487609734414935
2026-03-22T10:11:47+08:0011.64318257584176
2026-03-22T12:33:32+08:0011.543171463495945
2026-03-22T12:33:36+08:0012.187687520835649
2026-03-22T12:34:49+08:0012.18779864429381
2026-03-22T12:34:53+08:0012.201689076564064
2026-03-22T12:41:59+08:0012.258473163684855
2026-03-22T15:27:20+08:0012.414046005111679
2026-03-22T15:27:30+08:0012.436270696744083
2026-03-22T15:27:34+08:0012.42515835092788
2026-03-22T15:28:09+08:0012.425713968218691
2026-03-22T15:28:13+08:0012.427158573174797
2026-03-22T15:28:17+08:0012.43060340037782
2026-03-22T15:33:41+08:0012.43115901766863
2026-03-22T15:33:46+08:0012.519724413823758
2026-03-22T15:33:51+08:0012.52039115457273
2026-03-22T19:10:53+08:0013.031559062118014
2026-03-22T19:10:58+08:0013.042671407934215
2026-03-22T19:11:02+08:0013.731636848538727
2026-03-22T19:11:07+08:0014.442826980775642
2026-03-22T19:14:50+08:0014.443715968440937
2026-03-22T19:14:53+08:0014.405933992665851
2026-03-22T19:14:58+08:0014.406156239582176
2026-03-22T19:15:02+08:0015.198355372819202
2026-03-22T19:22:05+08:0015.229358817646405
2026-03-22T19:22:10+08:0015.195355039448827
2026-03-22T19:22:14+08:0015.199466607400822
2026-03-22T19:22:18+08:0015.285476164018224
2026-03-22T22:11:22+08:0015.641071230136681
2026-03-22T22:11:33+08:0016.10778975441716
2026-03-22T22:11:50+08:0017.463495943993777
2026-03-22T22:13:24+08:0017.48838759862207
2026-03-22T22:13:45+08:0017.39037670852317
2026-03-22T22:14:06+08:0017.43382598066452
2026-03-22T22:16:37+08:0017.43060340037782
2026-03-22T22:16:54+08:0017.365929547727525
2026-03-22T22:17:11+08:0017.365818424269364
2026-03-23T08:39:50+08:0017.415268363151462
2026-03-23T08:40:05+08:0017.500833425936214
2026-03-23T08:40:46+08:0017.503055895099454
2026-03-23T08:40:59+08:0017.524947216357372
2026-03-23T08:41:28+08:0018.43615957328592
2026-03-23T08:42:08+08:0018.43615957328592
2026-03-23T08:42:34+08:0018.43715968440938
2026-03-23T08:42:38+08:0018.4493832648072
2026-03-23T09:14:01+08:0018.45205022780309
2026-03-23T09:15:17+08:0018.43127014112679
2026-03-23T09:15:46+08:0018.90910101122347
2026-03-23T09:16:52+08:0018.923658184242694
2026-03-23T09:16:55+08:0019.061451272363595
2026-03-23T09:17:43+08:0019.06011779086565
2026-03-23T09:19:23+08:0019.54906100677853
2026-03-23T09:21:26+08:0020.511167907545282
2026-03-23T10:03:56+08:0020.603955995110567
2026-03-23T10:03:58+08:0020.71752416935215
2026-03-23T10:04:07+08:0021.181575730636737
2026-03-23T10:06:34+08:0021.336259584398267
2026-03-23T10:07:12+08:0021.339482164684966
2026-03-23T10:07:41+08:0022.528503167018556
2026-03-23T10:43:54+08:0022.727080786754083
2026-03-23T10:44:14+08:0023.39248805422825
2026-03-23T11:07:11+08:0023.84853872652517
2026-03-23T11:07:24+08:0023.853761529058783
2026-03-23T11:09:46+08:0024.2820313368152
2026-03-23T11:10:50+08:0024.292588065340592
2026-03-23T11:11:27+08:0024.83709301033448
2026-03-23T11:56:39+08:0024.940326702966995
2026-03-23T11:56:51+08:0024.898322035781753
2026-03-23T11:57:01+08:0024.83975997333037
2026-03-23T12:13:29+08:0024.948327591954662
2026-03-23T12:15:28+08:0026.492943660406713
2026-03-23T12:16:06+08:0026.497388598733192
2026-03-23T13:40:35+08:0026.951883542615846
2026-03-23T13:40:41+08:0026.95255028336482
2026-03-23T13:41:54+08:0028.012001333481496
2026-03-23T13:42:52+08:0028.01422380264474
2026-03-23T13:43:35+08:0029.481053450383374
2026-03-23T13:44:23+08:0029.81442382486943
2026-03-23T14:05:58+08:0029.819202133570396
2026-03-23T14:07:09+08:0029.987998666518504
2026-03-23T14:07:49+08:0029.996888543171462
2026-03-23T14:08:26+08:0031.341482386931883
2026-03-23T14:10:54+08:0031.53905989554395
2026-03-23T15:14:52+08:0031.586065118346482
2026-03-23T15:15:25+08:0031.589287698633182
2026-03-23T15:16:45+08:0032.83387043004778
2026-03-23T15:17:48+08:0032.83320368929881
2026-03-23T15:18:03+08:0032.836092899211025
2026-03-23T15:37:48+08:0032.86242915879542
2026-03-23T15:41:18+08:0033.86254028225358
2026-03-23T16:14:18+08:0033.878208689854425
2026-03-23T16:16:33+08:0033.97310812312479
2026-03-23T16:17:21+08:0035.08434270474497
2026-03-23T16:18:12+08:0035.087676408489834
2026-03-23T16:18:21+08:0035.07923102566952
2026-03-23T16:18:30+08:0035.07823091454606
2026-03-23T16:57:36+08:0035.07978664296033
2026-03-23T17:05:50+08:0035.23358150905656
2026-03-23T17:06:26+08:0035.251916879653294
2026-03-23T17:07:30+08:0035.433714857206354
2026-03-23T17:08:13+08:0039.71196799644405
2026-03-23T17:45:43+08:0039.73474830536726
2026-03-23T17:45:51+08:0039.73563729303256
2026-03-23T17:46:45+08:0039.84676075119458
2026-03-23T18:17:56+08:0039.84964996110679
2026-03-23T18:18:45+08:0051.51761306811868
2026-03-23T18:19:08+08:0051.55161684631626
2026-03-23T18:21:11+08:0051.65918435381709
2026-03-23T18:21:58+08:0052.77041893543727
2026-03-23T18:25:05+08:0053.05789532170241
2026-03-23T20:19:37+08:0053.068563173685966
2026-03-23T20:20:19+08:0053.16324036004001
2026-03-23T20:22:14+08:0054.08867651961329
2026-03-23T20:23:06+08:0055.277697521946884
2026-03-23T20:23:41+08:0056.11112345816202
2026-03-23T21:58:29+08:0056.11212356928548
2026-03-23T22:09:36+08:0056.157573063673745
2026-03-23T22:10:44+08:0056.296144016001776
2026-03-23T22:11:46+08:0056.70641182353595
2026-03-23T22:12:31+08:0058.8622069118791
2026-03-23T22:12:52+08:0060.340148905433935
2026-03-24T08:37:08+08:0060.67107456384043
2026-03-24T08:37:11+08:0062.140904544949436
2026-03-24T08:39:21+08:0062.25358373152572
2026-03-24T08:39:37+08:0062.74552728080898
2026-03-24T08:40:35+08:0078.04722746971886
2026-03-24T08:42:11+08:0078.07556395155017
2026-03-24T08:44:03+08:0078.07556395155017
2026-03-24T09:20:05+08:0078.97255250583399
2026-03-24T09:20:55+08:0079.06789643293699
2026-03-24T09:21:46+08:0082.1904656072897
2026-03-24T09:22:43+08:0082.19102122458051
2026-03-24T09:23:00+08:0082.19702189132126
2026-03-24T09:24:29+08:0082.53039226580731
2026-03-24T09:30:30+08:0083.67440826758529
2026-03-24T09:33:39+08:0083.6755195021669
2026-03-24T10:18:45+08:0084.83364818313146
2026-03-24T10:19:19+08:0084.8414268252028
2026-03-24T10:20:03+08:0092.57561951327925
2026-03-24T10:21:08+08:0092.57739748860985
2026-03-24T10:21:17+08:0092.68063118124236
2026-03-24T10:21:31+08:0092.67607511945772
2026-03-24T10:59:59+08:0092.7443049227692
2026-03-24T11:02:21+08:0093.14168240915657
2026-03-24T11:03:39+08:0093.20435603955995
2026-03-24T11:04:31+08:0093.26647405267252
2026-03-24T11:06:51+08:0099.28936548505389
2026-03-24T11:50:06+08:0099.29114346038449
2026-03-24T11:50:09+08:0099.31314590510057
2026-03-24T11:50:12+08:0099.41704633848205
2026-03-24T12:07:16+08:0099.4221580175575
2026-03-24T12:08:00+08:00100.56628514279365
2026-03-24T12:08:45+08:00100.65640626736304
2026-03-24T12:09:43+08:00109.33514834981665
2026-03-24T12:13:47+08:00110.44638293143683
2026-03-24T13:43:57+08:00111.18835426158462
2026-03-24T13:44:43+08:00111.20602289143238
2026-03-24T13:45:16+08:00116.9288809867763
2026-03-24T13:46:43+08:00116.93821535726192
2026-03-24T13:46:46+08:00116.90365596177352
2026-03-24T13:46:49+08:00117.00333370374486
2026-03-24T13:46:52+08:00117.02433603733748
2026-03-24T13:46:55+08:00117.08034226025114
2026-03-24T13:46:58+08:00117.24524947216358
2026-03-24T13:48:31+08:00117.36937437493054
2026-03-24T14:09:04+08:00118.03989332148016
2026-03-24T14:09:45+08:00118.30325591732415
2026-03-24T14:10:15+08:00126.44860540060007
2026-03-24T14:10:58+08:00126.47383042560284
2026-03-24T14:13:02+08:00128.36859651072342
2026-03-24T15:12:49+08:00128.45560617846428
2026-03-24T15:14:57+08:00137.2788087565285
2026-03-24T15:16:37+08:00138.37115235026113
2026-03-24T15:18:27+08:00138.47383042560284
2026-03-24T15:18:30+08:00138.59095455050561
2026-03-24T15:18:33+08:00138.79031003444828
2026-03-24T15:18:35+08:00138.8543171463496
2026-03-24T15:18:38+08:00138.85476164018223
2026-03-24T15:47:01+08:00138.86631847983108
2026-03-24T16:12:29+08:00140.73885987331926
2026-03-24T16:13:18+08:00140.7656406267363
2026-03-24T16:14:08+08:00151.3445938437604
2026-03-24T16:14:46+08:00151.3513723747083
2026-03-24T16:17:07+08:00155.79631070118901
2026-03-24T17:07:45+08:00157.74119346594065
2026-03-24T17:08:31+08:00157.78908767640849
2026-03-24T17:09:13+08:00173.8019779975553
2026-03-24T17:09:45+08:00175.1354594954995
2026-03-24T17:10:19+08:00175.13912656961884
2026-03-24T17:10:23+08:00175.1732414712746
2026-03-24T17:33:01+08:00201.8428714301589
2026-03-24T17:34:38+08:00202.29736637404156
2026-03-24T18:05:30+08:00202.3542615846205
2026-03-24T18:06:42+08:00204.62329147683076
2026-03-24T18:07:28+08:00204.6969663295922
2026-03-24T18:08:14+08:00217.90954550505612
2026-03-24T18:11:06+08:00220.70474497166353
2026-03-24T20:21:37+08:00223.15190576730748
2026-03-24T20:23:54+08:00223.33748194243805
2026-03-24T20:25:03+08:00226.5705078342038
2026-03-24T20:25:44+08:00234.68252028003113
2026-03-24T20:26:18+08:00243.1501277919769
2026-03-24T22:00:34+08:00253.98466496277365
2026-03-24T22:13:44+08:00254.21202355817314
2026-03-24T22:14:28+08:00254.34737193021448
2026-03-24T22:15:22+08:00259.63729303255917
2026-03-24T22:16:03+08:00275.13901544616067
2026-03-25T08:35:53+08:00275.2096899655517
2026-03-25T08:37:17+08:00280.73452605845097
2026-03-25T08:37:21+08:00296.43193688187574
2026-03-25T08:39:19+08:00296.64151572396935
2026-03-25T08:39:22+08:00297.486942993666
2026-03-25T08:40:58+08:00400.9206578508723
2026-03-25T08:41:41+08:00400.9206578508723
2026-03-25T08:48:31+08:00400.9661073452606
2026-03-25T09:15:41+08:00406.60017779753304
2026-03-25T09:17:53+08:00448.1047894210468
2026-03-25T09:18:20+08:00451.66074008223137
2026-03-25T09:18:58+08:00451.6669629958884
2026-03-25T09:19:07+08:00451.7239693299255
2026-03-25T09:22:12+08:00462.0338926547394
2026-03-25T09:35:51+08:00462.02244693854874
2026-03-25T10:01:04+08:00462.0565618402045
2026-03-25T10:02:09+08:00462.0646738526503
2026-03-25T10:04:35+08:00469.99777753083674
2026-03-25T10:05:45+08:00593.855983998222
2026-03-25T10:34:57+08:00593.899211023447
2026-03-25T10:35:05+08:00593.8983220357818
2026-03-25T11:11:45+08:00693.909434381598
2026-03-25T17:25:42+08:00708.72
TradeGo forecast multiple
TimeMultiple
Broker margin funds trend
TimeBrokerMargin funds
Pool A α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.55
Pool B α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.65
This model does not support allocation strategy adjustment

Actual vs Predicted Comparison

Using the actual oversubscription ratio 1073.37x and current allocation strategy (Pool A α=0.551, Pool B α=0.651) as the baseline, comparing actual vs predicted expected allotment lots per tier

Lots Subscription Amount (HKD) Actual Expected Lots Predicted Expected Lots Error

LogoDiagens-B Allotment Prediction Matrix

Rows are subscription tiers, columns are different oversubscription ratios, values are expected allotment lots; green indicates guaranteed allotment (≥1 lot)

Pool A

Oversubscription
907.2x
Allocation Strategy
α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.55

Pool B

Oversubscription
907.2x
Allocation Strategy
α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.65
Offering Mechanism

Mechanism B

Flexible offering mechanism under HKEX Practice Note 18. Minimum initial allocation to the public offer tranche is 10% of offering shares, with no clawback mechanism. Maximum initial allocation is 60% (as at least 40% of total offering shares must be allocated to the placing tranche, excluding cornerstones).

Allocation Strategy Coefficient α

α is the issuer's allocation preference coefficient, describing the issuer's allocation tendency across subscription sizes. α ranges [0, 1].

  • α → 0: Per-capita allocation — regardless of lots subscribed, every allottee receives the same number of shares. More favorable to retail (small) applications.
  • α → 1: Proportional allocation — allotted shares are proportional to lots subscribed. More favorable to large applications.
  • Historical actual α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0. α varies widely across IPOs, reflecting each issuer's allocation strategy.
Allotment Rate Definition

The "allotment rate" on this page follows the exact HKEX allotment results announcement definition: Allotment rate = total shares allotted to the tier ÷ total valid shares applied in the tier × 100%. This is the official HKEX standard and is fundamentally different from other definitions used elsewhere (e.g. "ratio of applicants who got allotted").

Expected Allotment Lots

Expected allotment lots = total shares allotted to the tier ÷ lot size ÷ number of applicants in the tier

Example: a tier with 50,000 total allotted shares, 100 shares per lot, and 500 applicants → expected allotment lots = 50,000 ÷ 100 ÷ 500 = 1.0 lots.

// About this page //

This page shows expected-lot forecasts for Diagens-B (02526): expected hit rate based on similar-IPO matching and Pool A/B capital-efficiency comparison.
The default oversubscription multiple follows the chain recent first-day return → participant count → average lots per participant → multiple, i.e. multiple = participants × average lots ÷ public-offer lots; participant count and average lots are anchored on the recent IPO median and adjusted by offering size, A+H status, H-share premium/discount, industry, concurrent IPOs, sponsor track record and recent HSI moves.
Early in the subscription window the default multiple relies on the model; as subscription progresses it blends in the margin multiple; near the deadline (roughly 90% through) it follows the margin multiple.
Hit-rate forecasts fit 10,897 allotment-tier records across 356 historical IPOs via regression and KNN similar-IPO matching, estimating expected lots per application tier and applying the allocation-strategy coefficient α (equal-per-person to proportional allocation).
Data sources: HKEXnews public-offer allotment result announcements, prospectuses and FINI announcements; margin data (margin multiple, TradeGo forecast multiple and broker breakdown) comes from 捷利交易宝 (TradeGo), where the margin multiple covers only reporting brokers and the TradeGo forecast multiple is a full-market extrapolation.
The margin multiple updates intraday in real time; the hit-rate model is refreshed as new IPO allotment data is ingested.

Disclaimer

Site Nature: This website (cibo.hk) is an independent technology product showcase platform established by Panda Securities Limited (“the Company”), dedicated to demonstrating the data analysis capabilities of AI technology products and facilitating research exchange. This website itself and all data analysis content displayed herein do not constitute, and are not involved in, any regulated activity or licensed service requiring approval by the Hong Kong Securities and Futures Commission (“SFC”) under the Securities and Futures Ordinance. Browsing or using the content of this website does not establish any regulated client relationship with the Company.

Not Investment Advice: Any information contained on this website (including but not limited to data analysis charts, statistical results, allotment rate comparisons, etc.) 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, guarantee, or endorsement of any investment product or strategy. The output of this AI analysis tool should not be interpreted as investment opinion.

Decision Responsibility: Users should understand that all investment decisions involve risk. Users should make investment decisions based on their own independent judgment, financial situation, investment objectives, and risk tolerance, and consult independent licensed financial advisors or professional advice when needed. Neither the Company nor this AI analysis tool shall bear any responsibility for any investment decisions or actions made by users based on the information on this website.

Technical Limitations: This AI analysis tool is algorithm-driven and data-based. Its analysis results are limited by model capability, data quality, market conditions, and other factors. Past analysis results are not reliable indicators of future performance. The Company does not guarantee the accuracy, completeness, timeliness, or suitability of the analysis results of this tool. All analysis results are automatically generated by AI algorithms, and have not been manually reviewed or verified by the publisher. Analysis charts, statistical data, and trend assessments may contain errors or biases.

Data Sources: The data on this page is sourced from publicly disclosed documents published by HKEX News and other institutions. The relevant institutions make no warranty regarding the accuracy, timeliness, or completeness of such data, nor do they endorse the analysis conclusions derived from such data.

Separation from Panda Securities Official Website: The content of this website is strictly distinct from the SFC-regulated securities and futures trading services, investment advisory, and other licensed activities provided by Panda Securities' official website (fafa.hk). No securities trading or account opening or other regulated operations can be conducted through this website.

Panda Securities Limited is a licensed corporation regulated by the Hong Kong Securities and Futures Commission (CE Number: BNC380) and a Hong Kong Exchange Participant (Participant ID: 02229). The publisher of this website shall not be liable for any direct or indirect losses arising from the use of this website or its analysis results. Use of this website constitutes acceptance of this disclaimer.

Cibo — HK IPO Allotment Forecasts, Allottee Profiling & Stock Connect