Margin dynamics Margin multiple11212.1x Margin funds4206.2100M TradeGo forecast multiple14463.61x
Rank Broker Margin funds
1 富途证券富途 2818.7100M
2 老虎国际老虎 460.8100M
3 辉立证券辉立 398.0100M
4 华泰国际华泰 168.2100M
5 华盛证券华盛 83.5100M
6 盈立证券盈立 60.7100M
7 致富证券致富 55.4100M
8 信诚证券信诚 50.0100M
9 复星国际复星 43.2100M
Margin multiple
TimeMultiple
2026-05-08T06:00:00+08:000
2026-05-08T10:26:02+08:000.34328358208955223
2026-05-08T10:26:16+08:000.9509594882729211
2026-05-08T10:26:29+08:002.0437100213219614
2026-05-08T10:49:18+08:002.0639658848614073
2026-05-08T10:49:47+08:002.11727078891258
2026-05-08T11:04:06+08:002.214818763326226
2026-05-08T11:04:35+08:003.816098081023454
2026-05-08T11:07:02+08:007.734008528784648
2026-05-08T11:31:29+08:007.848614072494669
2026-05-08T12:03:16+08:007.936034115138593
2026-05-08T12:03:20+08:008.044243070362473
2026-05-08T12:03:24+08:008.272121535181236
2026-05-08T12:05:10+08:0010.857409381663112
2026-05-08T13:39:15+08:0011.13086353944563
2026-05-08T13:39:17+08:0011.33315565031983
2026-05-08T13:39:23+08:0011.396055437100213
2026-05-08T13:39:57+08:0011.65591684434968
2026-05-08T13:40:03+08:0014.347814498933902
2026-05-08T13:40:12+08:0014.423507462686567
2026-05-08T14:25:36+08:0014.636727078891258
2026-05-08T14:25:50+08:0015.552238805970148
2026-05-08T14:25:57+08:0015.641524520255864
2026-05-08T14:26:19+08:0016.89418976545842
2026-05-08T14:26:46+08:0017.51492537313433
2026-05-08T14:31:39+08:0017.657515991471215
2026-05-08T14:34:05+08:0018.990138592750533
2026-05-08T15:06:03+08:0019.098081023454156
2026-05-08T15:06:40+08:0019.184434968017058
2026-05-08T15:06:43+08:0020.59968017057569
2026-05-08T15:06:52+08:0023.291577825159916
2026-05-08T15:59:58+08:0023.300639658848613
2026-05-08T16:00:06+08:0023.363539445628998
2026-05-08T16:02:44+08:0023.426172707889126
2026-05-08T16:08:30+08:0024.76732409381663
2026-05-08T16:08:51+08:0027.752398720682304
2026-05-08T16:40:48+08:0028.01679104477612
2026-05-08T17:00:36+08:0028.09328358208955
2026-05-08T17:31:15+08:0028.23400852878465
2026-05-08T17:31:23+08:0029.106076759061835
2026-05-08T17:31:55+08:0029.372601279317696
2026-05-08T17:32:14+08:0034.72974413646055
2026-05-08T17:32:27+08:0034.74493603411514
2026-05-08T18:08:59+08:0034.823294243070364
2026-05-08T18:09:11+08:0041.48640724946695
2026-05-08T18:09:16+08:0041.596481876332625
2026-05-08T18:09:21+08:0041.55303837953092
2026-05-08T18:09:59+08:0045.39099147121535
2026-05-08T18:10:49+08:0045.93443496801706
2026-05-08T20:35:26+08:0045.974680170575695
2026-05-08T20:35:34+08:0045.99440298507463
2026-05-08T20:35:39+08:0046.346481876332625
2026-05-08T20:35:49+08:0049.011727078891255
2026-05-08T20:35:54+08:0049.07089552238806
2026-05-08T20:35:59+08:0049.20842217484009
2026-05-08T20:36:08+08:0050.72761194029851
2026-05-08T22:12:06+08:0050.777452025586356
2026-05-08T22:12:11+08:0051.17404051172708
2026-05-08T22:12:21+08:0053.01305970149254
2026-05-08T22:12:26+08:0055.547707889125796
2026-05-08T22:12:36+08:0057.70655650319829
2026-05-09T10:08:44+08:0057.9704157782516
2026-05-09T10:08:59+08:0057.9704157782516
2026-05-09T10:09:05+08:0058.79317697228145
2026-05-09T10:09:17+08:0075.18443496801706
2026-05-09T10:09:22+08:0082.40485074626865
2026-05-09T10:09:31+08:0082.76865671641791
2026-05-09T10:09:36+08:0082.77425373134328
2026-05-09T10:09:51+08:0084.32009594882729
2026-05-09T10:09:57+08:0084.82036247334754
2026-05-09T10:10:03+08:0084.85874200426439
2026-05-09T10:10:07+08:0084.95015991471216
2026-05-09T10:10:24+08:0085.85634328358209
2026-05-09T13:30:07+08:0085.88566098081023
2026-05-09T13:30:14+08:0086.2161513859275
2026-05-09T13:30:19+08:0086.22734541577825
2026-05-09T13:30:24+08:0086.9317697228145
2026-05-09T13:30:45+08:0089.81023454157783
2026-05-09T13:30:50+08:0089.82649253731343
2026-05-09T13:30:55+08:0089.92830490405117
2026-05-09T13:31:01+08:0089.95255863539445
2026-05-09T13:31:06+08:0090.71588486140725
2026-05-09T13:31:22+08:0092.90138592750533
2026-05-09T13:31:26+08:0092.91044776119404
2026-05-09T13:31:31+08:0092.99466950959489
2026-05-09T13:31:36+08:0093.17777185501066
2026-05-09T13:31:50+08:0094.88352878464819
2026-05-09T15:16:29+08:0094.89339019189765
2026-05-09T15:16:34+08:0095.17963752665246
2026-05-09T15:16:38+08:0095.23587420042644
2026-05-09T15:16:43+08:0095.25346481876332
2026-05-09T15:16:52+08:0096.79930703624734
2026-05-09T15:16:57+08:0096.8001066098081
2026-05-09T15:17:01+08:0096.88006396588486
2026-05-09T15:17:06+08:0096.90591684434968
2026-05-09T15:17:10+08:0097.15911513859275
2026-05-09T15:17:23+08:0098.30517057569297
2026-05-09T16:55:09+08:0098.45788912579957
2026-05-09T16:55:14+08:0098.66871002132196
2026-05-09T16:55:23+08:0099.02318763326225
2026-05-09T16:55:29+08:0099.03118336886993
2026-05-09T16:55:43+08:00100.33715351812367
2026-05-09T16:55:47+08:00100.33795309168444
2026-05-09T17:09:43+08:00100.39019189765459
2026-05-09T17:09:48+08:00100.44856076759062
2026-05-09T17:09:52+08:00100.54957356076758
2026-05-09T17:10:08+08:00100.9227078891258
2026-05-09T18:05:14+08:00100.92110874200426
2026-05-09T18:05:18+08:00101.71215351812367
2026-05-09T18:05:23+08:00101.75506396588486
2026-05-09T18:05:27+08:00101.77372068230277
2026-05-09T18:05:43+08:00102.75986140724947
2026-05-09T20:10:25+08:00102.79744136460555
2026-05-09T20:10:30+08:00102.90724946695096
2026-05-09T20:10:45+08:00103.57356076759062
2026-05-09T20:10:50+08:00103.59674840085287
2026-05-09T20:10:55+08:00103.80756929637526
2026-05-09T20:10:59+08:00103.83422174840085
2026-05-09T22:03:48+08:00103.8411513859275
2026-05-09T22:03:54+08:00103.89152452025586
2026-05-09T22:03:58+08:00104.26465884861408
2026-05-09T22:04:03+08:00104.35021321961621
2026-05-09T22:06:50+08:00105.01652452025586
2026-05-10T09:31:05+08:00109.86727078891258
2026-05-10T09:31:10+08:00110.34701492537313
2026-05-10T09:31:52+08:00110.49360341151386
2026-05-10T09:31:57+08:00110.625
2026-05-10T09:32:01+08:00110.63619402985074
2026-05-10T09:33:23+08:00112.03837953091684
2026-05-10T09:33:51+08:00112.19696162046908
2026-05-10T12:31:38+08:00112.18310234541578
2026-05-10T12:31:42+08:00112.37873134328358
2026-05-10T12:31:47+08:00112.3478144989339
2026-05-10T12:33:04+08:00112.36540511727078
2026-05-10T12:33:09+08:00112.37579957356077
2026-05-10T12:33:13+08:00112.4069829424307
2026-05-10T12:34:58+08:00114.05943496801706
2026-05-10T12:35:02+08:00114.1660447761194
2026-05-10T12:35:06+08:00115.84514925373135
2026-05-10T12:36:19+08:00115.87286780383795
2026-05-10T12:36:23+08:00116.40058635394456
2026-05-10T12:36:28+08:00116.42670575692964
2026-05-10T12:37:03+08:00116.84994669509595
2026-05-10T12:37:07+08:00116.87659914712154
2026-05-10T17:19:48+08:00116.9117803837953
2026-05-10T17:19:53+08:00116.91817697228144
2026-05-10T17:19:58+08:00116.92484008528784
2026-05-10T17:20:02+08:00116.932302771855
2026-05-10T17:20:07+08:00116.94962686567165
2026-05-10T17:20:47+08:00116.98001066098081
2026-05-10T17:20:52+08:00117.02558635394456
2026-05-10T17:20:57+08:00117.92537313432835
2026-05-10T17:21:01+08:00118.10287846481876
2026-05-10T17:22:03+08:00119.75533049040511
2026-05-10T17:22:07+08:00120.55490405117271
2026-05-10T17:22:12+08:00121.22121535181236
2026-05-10T17:22:17+08:00122.07409381663113
2026-05-10T17:22:21+08:00122.84701492537313
2026-05-10T17:24:01+08:00122.93630063965885
2026-05-10T17:24:07+08:00123.06982942430703
2026-05-10T17:24:12+08:00123.27372068230277
2026-05-10T17:24:17+08:00123.35101279317698
2026-05-10T17:24:21+08:00124.13139658848614
2026-05-10T17:25:06+08:00124.40431769722815
2026-05-10T19:03:51+08:00124.40804904051173
2026-05-10T19:04:12+08:00124.4160447761194
2026-05-10T19:04:16+08:00124.4251066098081
2026-05-10T19:05:31+08:00124.5434434968017
2026-05-10T19:05:35+08:00125.08288912579957
2026-05-10T19:06:02+08:00125.13619402985074
2026-05-10T19:06:14+08:00126.30890191897655
2026-05-10T19:06:45+08:00126.3459488272921
2026-05-10T19:06:50+08:00126.43763326226012
2026-05-10T22:52:01+08:00126.6202025586354
2026-05-10T22:52:26+08:00127.05277185501066
2026-05-10T22:52:33+08:00127.15618336886993
2026-05-10T22:53:28+08:00127.19696162046908
2026-05-10T22:53:32+08:00127.21641791044776
2026-05-10T22:54:26+08:00127.85607675906184
2026-05-10T22:54:31+08:00128.65565031982942
2026-05-10T22:54:35+08:00129.61513859275053
2026-05-11T08:34:19+08:00129.59754797441366
2026-05-11T08:34:36+08:00130.05916844349682
2026-05-11T08:34:46+08:00130.05916844349682
2026-05-11T08:34:51+08:00141.14658848614073
2026-05-11T09:04:34+08:00143.01226012793177
2026-05-11T09:04:41+08:00144.06849680170575
2026-05-11T09:05:01+08:00144.3030383795309
2026-05-11T09:05:22+08:00144.59994669509595
2026-05-11T09:05:30+08:00149.45069296375266
2026-05-11T09:05:59+08:00151.7198827292111
2026-05-11T09:45:42+08:00151.7867803837953
2026-05-11T10:09:58+08:00153.4757462686567
2026-05-11T10:10:04+08:00153.68123667377398
2026-05-11T10:10:12+08:00156.02398720682302
2026-05-11T10:10:41+08:00171.29584221748402
2026-05-11T10:31:23+08:00172.59141791044777
2026-05-11T11:02:48+08:00172.94882729211088
2026-05-11T11:03:21+08:00176.1292643923241
2026-05-11T11:16:34+08:00186.41711087420043
2026-05-11T11:16:40+08:00187.74973347547976
2026-05-11T11:31:07+08:00188.26945628997868
2026-05-11T12:16:16+08:00188.42750533049042
2026-05-11T12:16:20+08:00193.38033049040513
2026-05-11T12:16:28+08:00201.66924307036248
2026-05-11T13:39:39+08:00202.08608742004265
2026-05-11T13:39:45+08:00202.21508528784648
2026-05-11T13:39:51+08:00203.85101279317698
2026-05-11T13:40:15+08:00212.03331556503198
2026-05-11T13:40:22+08:00212.06929637526653
2026-05-11T13:40:28+08:00213.6684434968017
2026-05-11T14:00:29+08:00219.29211087420043
2026-05-11T14:00:52+08:00231.28571428571428
2026-05-11T14:01:46+08:00234.25613006396588
2026-05-11T14:02:31+08:00234.284381663113
2026-05-11T14:03:28+08:00236.37953091684435
2026-05-11T14:05:20+08:00243.1492537313433
2026-05-11T15:07:02+08:00243.19349680170575
2026-05-11T15:07:08+08:00244.77398720682302
2026-05-11T15:07:16+08:00245.0719616204691
2026-05-11T15:07:21+08:00246.4045842217484
2026-05-11T15:07:35+08:00254.10714285714286
2026-05-11T16:09:35+08:00254.42190831556502
2026-05-11T16:09:50+08:00254.78038379530918
2026-05-11T16:10:04+08:00290.7438699360341
2026-05-11T16:10:20+08:00307.7481343283582
2026-05-11T17:14:04+08:00308.0399786780384
2026-05-11T17:14:12+08:00342.6881663113006
2026-05-11T17:14:40+08:00355.40218550106607
2026-05-11T17:14:44+08:00449.2747867803838
2026-05-11T17:15:00+08:00498.58182302771854
2026-05-11T17:15:05+08:00520.0903518123667
2026-05-11T17:44:23+08:00524.8726012793177
2026-05-11T17:48:40+08:00551.5250533049041
2026-05-11T18:05:41+08:00558.64578891258
2026-05-11T18:05:46+08:00601.2350746268656
2026-05-11T18:06:01+08:001109.5506396588487
2026-05-11T18:06:53+08:001192.2993070362472
2026-05-11T20:34:04+08:001200.379264392324
2026-05-11T20:34:09+08:001205.3208955223881
2026-05-11T20:34:14+08:001233.2070895522388
2026-05-11T20:34:24+08:001483.2337420042643
2026-05-11T20:34:29+08:001489.0882196162047
2026-05-11T20:34:33+08:001516.5954157782517
2026-05-11T20:34:42+08:001691.3288912579958
2026-05-11T22:06:20+08:001695.1431236673775
2026-05-11T22:06:26+08:001718.465618336887
2026-05-11T22:06:35+08:001856.9517590618336
2026-05-11T22:06:54+08:001899.857409381663
2026-05-11T22:07:04+08:002051.563166311301
2026-05-12T08:14:54+08:002083.340618336887
2026-05-12T08:14:58+08:002150.866471215352
2026-05-12T08:15:26+08:002765.418710021322
2026-05-12T08:15:38+08:002765.418710021322
2026-05-12T09:16:46+08:002783.002132196162
2026-05-12T09:16:59+08:002801.5327825159916
2026-05-12T09:17:16+08:002817.8566098081023
2026-05-12T09:17:35+08:002971.667910447761
2026-05-12T09:17:42+08:002998.3203624733474
2026-05-12T10:05:21+08:003041.125799573561
2026-05-12T10:05:41+08:003113.2161513859273
2026-05-12T10:05:54+08:003119.148987206823
2026-05-12T10:06:09+08:003163.4744136460554
2026-05-12T10:06:25+08:003399.855010660981
2026-05-12T10:32:54+08:003407.2619936034116
2026-05-12T10:51:28+08:003436.5796908315565
2026-05-12T11:08:53+08:003440.065565031983
2026-05-12T11:10:03+08:003469.665511727079
2026-05-12T11:10:21+08:003663.215618336887
2026-05-12T11:10:44+08:003667.765458422175
2026-05-12T11:44:35+08:003672.599946695096
2026-05-12T12:11:09+08:003683.2609275053305
2026-05-12T12:11:29+08:003689.1055437100213
2026-05-12T12:12:26+08:003710.2731876332623
2026-05-12T12:13:07+08:003863.071695095949
2026-05-12T12:13:44+08:003867.181236673774
2026-05-12T13:45:52+08:003870.8363539445627
2026-05-12T13:46:01+08:003874.45842217484
2026-05-12T13:46:49+08:003892.8294243070363
2026-05-12T13:47:25+08:003895.4016524520257
2026-05-12T13:47:49+08:003899.525852878465
2026-05-12T13:48:06+08:004010.986407249467
2026-05-12T13:48:33+08:004024.31263326226
2026-05-12T14:00:03+08:004025.585554371002
2026-05-12T14:01:17+08:004171.933635394456
2026-05-12T14:04:02+08:004174.325426439233
2026-05-12T14:04:27+08:004194.234008528784
2026-05-12T14:05:31+08:004327.65618336887
2026-05-12T14:37:46+08:004331.582089552238
2026-05-12T14:38:31+08:004451.518123667377
2026-05-12T15:09:18+08:004451.706023454158
2026-05-12T15:10:30+08:004474.863539445629
2026-05-12T15:10:56+08:004478.670309168443
2026-05-12T15:11:17+08:004611.132995735607
2026-05-12T15:33:17+08:004615.921908315565
2026-05-12T16:28:09+08:004622.3686034115135
2026-05-12T16:29:08+08:004649.713219616205
2026-05-12T16:30:21+08:004788.732409381663
2026-05-12T16:30:52+08:004792.987739872068
2026-05-12T16:31:08+08:004795.505863539445
2026-05-12T17:01:03+08:004797.731876332623
2026-05-12T17:01:31+08:005722.571961620469
2026-05-12T17:02:06+08:005731.973347547974
2026-05-12T17:04:07+08:005795.1929637526655
2026-05-12T17:06:22+08:006276.109808102346
2026-05-12T17:28:29+08:006297.431769722814
2026-05-12T17:33:48+08:006304.898454157783
2026-05-12T17:34:36+08:006384.855810234541
2026-05-12T18:03:16+08:006387.8379530916845
2026-05-12T18:03:47+08:006394.9357675906185
2026-05-12T18:04:11+08:006434.033848614073
2026-05-12T18:06:06+08:006503.224147121535
2026-05-12T18:07:07+08:006773.213486140725
2026-05-12T19:47:45+08:006791.870202558635
2026-05-12T19:48:12+08:006791.794243070362
2026-05-12T19:48:46+08:006797.83342217484
2026-05-12T19:49:17+08:006831.803038379531
2026-05-12T19:49:37+08:007090.598347547974
2026-05-12T20:09:13+08:007094.428837953092
2026-05-12T20:09:34+08:007124.840085287847
2026-05-12T20:09:53+08:007313.859275053305
2026-05-12T22:09:16+08:007318.389392324094
2026-05-12T22:09:37+08:007355.6004797441365
2026-05-12T22:09:56+08:007574.257196162047
2026-05-12T22:10:19+08:007611.384861407249
2026-05-12T22:10:39+08:007843.6876332622605
2026-05-13T08:35:32+08:007879.6495202558635
2026-05-13T08:35:37+08:008060.82302771855
2026-05-13T08:37:16+08:009280.172707889125
2026-05-13T08:37:41+08:009280.172707889125
2026-05-13T09:03:03+08:009295.900053304904
2026-05-13T09:04:04+08:009326.310501066098
2026-05-13T09:04:38+08:009385.78011727079
2026-05-13T09:05:34+08:009869.015724946696
2026-05-13T09:06:52+08:0010012.535980810235
2026-05-13T09:43:56+08:0010048.516791044776
2026-05-13T09:44:45+08:0010072.518390191897
2026-05-13T10:04:25+08:0010151.484541577825
2026-05-13T10:05:34+08:0011025.684968017058
2026-05-13T11:05:17+08:0011030.129797441365
2026-05-13T13:48:44+08:0011212.1
TradeGo forecast multiple
TimeMultiple
Broker margin funds trend
TimeBrokerMargin funds
Prediction Model 1-Lot Expected Lots— Lots for expected 1-lot allotment—
Multiple derivation
Recent first-day return
+4.6%
→
Participants
40,786
→
Avg lots
87.2
→
Oversubscription
289x
289x = 40,786 × 87.2 ÷ 12,300 Robot margin-weighted 100% → 14463.6x
1x26656.0x
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
0.45
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
This model does not support allocation strategy adjustment

Actual vs Predicted Comparison

Using the actual oversubscription ratio 14855.4x and current allocation strategy (Pool A α=0.448, Pool B α=0.548) as the baseline, comparing actual vs predicted expected allotment lots per tier

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

LogoRobotphoenix Allotment Prediction Matrix

Rows are subscription tiers, columns are different oversubscription ratios, values are expected allotment lots; green indicates expected ≥1 lot. Non-preset multiples are interpolated from the nearest grid points.

Offering Mechanism

18C

HKEX Listing Rule Chapter 18C for specialist technology companies. Mechanisms A and B do not apply. Initial allocation 5%, with clawback: 10x to below 50x → 10%, 50x or above → 20%. At least 50% of total offering shares must be taken up by independent pricing investors in the placing tranche.

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 Robotphoenix (06871): 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 22087 allotment-tier records across 592 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). You can override the oversubscription multiple and the allocation-method α right on the page, replacing cibo's defaults to see expected lots under your own scenario. How allotment rates and clawback work is explained in How Hong Kong IPO Allotment Rates Work.
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.

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