Data layers Raw facts Calculated Model prediction AI interpretation

Allotment Overview Calculated

Total Subscription Fees vs Public Offering Raise Amount

Subscription Tier Analysis Model prediction

Expected Lots Allotted by Subscription Tier

Pool A applications , Pool B applications . Expected lots allotted = "Approximate percentage of total shares applied for" as stated in the allotment announcement × shares applied ÷ lot size, taken directly from the announcement.

Capital Efficiency by Subscription Tier

Capital efficiency = Expected shares allotted ÷ shares applied × 100, i.e. the original "Approximate percentage of total shares applied for" value from the allotment announcement. The fewer shares applied for, the higher the capital efficiency.

Applicant Distribution by Subscription Tier

The vertical axis uses a logarithmic scale to better observe distribution differences across tiers of varying magnitudes. All four charts share the same x-axis; hover tooltips are synchronized.

Subscription Fee ÷ Allotted Market Value by Tier

Allotted market value = valid applicants × shares applied × (percentage applied for ÷ 100) × offer price; total handling fees = valid applicants × HKD 100; ratio = total fees ÷ allotted market value × 100%. Lower tiers have disproportionately high ratios due to very small allotments; ratios stabilize at higher tiers.

Allotment Results Subscription Tier List

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International Offering Raw facts

14.46
International oversubscription
107
Placee count
9
Cornerstone investors
98
Anchor investors

Cornerstone investors

Name Shares allotted % of global offering % of post-IPO shares Lock-up
Hesai Hong Kong Limited 0 1.92% — 6 months
Mirae Asset Securities Co., Ltd. 0 3.20% — 6 months
Redwood Elite Limited 0 5.12% — 6 months
广发基金管理有限公司 0 5.12% — 6 months
国惠(香港)控股有限公司 0 1.92% — 6 months
华营建筑集团控股有限公司 0 1.92% — 6 months
泰康人寿保险有限责任公司 0 8.32% — 6 months
雾凇资本有限公司 0 3.20% — 6 months
阳光人寿保险股份有限公司 0 6.40% — 6 months

International concentration

Rank % of international placing % of global offering
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AI AI Analysis AI interpretation deepseek-v4-pro · AI-generated
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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

MANYCORE TECH attracted extreme investor demand, with the retail tranche oversubscribed by 1,590.56 times. The final hit rate of 11.84% reflects intense competition for allocations, consistent with the software sector's strong IPO enthusiasm. The offering priced at HK$7.62, with no price range dynamics to assess. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

The top of Tier A (甲尾) shows a notable inefficiency: applicants putting up 600,000 shares expect 0.879 lots, nearly identical to the 0.8702 lots expected for Tier B head (乙头) with 700,000 shares. This razor-thin difference makes the larger commitment in 乙头 hardly more efficient per lot received. Broker fee structures vary, but this tier pattern suggests that 甲尾 may offer marginally better cost efficiency for some investors. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice. Broker fee structures vary and actual costs may differ.)

Demographics

Demographic breakdowns for this IPO were not disclosed in the provided data, with zero values for total holders, mainland percentage, and HK percentage. Without this information, no patterns in regional or gender participation can be observed. Investors should verify any demographic claims against official HKEX filings, as data may be incomplete. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice. Data may contain errors or omissions; verify against official filings.)

About this page

This page shows allotment analysis for Manycore Tech (00068): one-lot hit rate, Pool A/B allotment distribution, oversubscription multiple, and grey-market and first-day performance. Data is parsed from the HKEX allotment results announcement. How allotment rates and clawback work is explained in How Hong Kong IPO Allotment Rates Work.

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