Minimax-W 00100
IPOIPO Allotment Results Analysis
152.4008.19%( -13.600 )
Nov 13 · End-of-day data, not live · Hong Kong Stock Exchange
Allotment Results · 卓佳 · 20260109
IPOIPO Allotment Results Analysis| Name | Shares allotted | % of global offering | % of post-IPO shares | Lock-up |
|---|---|---|---|---|
| 股份的股份的股份的股份的股份的股份的股份的股份的ADIA | 3,200,840 | 12.61% | 1.05% | 6 months |
| Alisoft China | 1,477,300 | 5.82% | 0.48% | 6 months |
| Aspex Master Fund | 1,723,520 | 6.79% | 0.56% | 6 months |
| Boyu | 1,723,520 | 6.79% | 0.56% | 6 months |
| 汇添富香港 | 738,640 | 2.91% | 0.24% | 6 months |
| Eastspring | 738,640 | 2.91% | 0.24% | 6 months |
| 易方达基金管理 | 492,420 | 1.94% | 0.16% | 6 months |
| IDG Breyer Fund | 738,640 | 2.91% | 0.24% | 6 months |
| Janchor Funds | 1,723,520 | 6.79% | 0.56% | 6 months |
| Martis Fund, L.P | 738,640 | 2.91% | 0.24% | 6 months |
| Mirae Asset Securities | 984,860 | 3.88% | 0.32% | 6 months |
| MPC VII | 738,640 | 2.91% | 0.24% | 6 months |
| Perseverance Asset Management | 1,231,080 | 4.85% | 0.40% | 6 months |
| 泰康人寿 | 984,860 | 3.88% | 0.32% | 6 months |
| Rank | % of international placing | % of global offering |
|---|---|---|
| 前1名 | — | — |
The IPO drew massive oversubscription of 1,837.17 times, yet the overall hit rate reached an unusually high 25.12% due to the 18C clawback raising the Hong Kong public pool to 20% of total shares. Typically, such extreme oversubscription results in single-digit hit rates, making this allocation pattern notable. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
A notable tier anomaly exists: the A-tail application of 30,000 lots expects a mere 0.0027 lots, while a B-head application of 40,000 lots guarantees one full lot, creating a stark allocation cliff. This inefficiency penalizes large A-tier applicants who would have better cost-efficiency by scaling up to the B-tier, though broker fees and financing costs may offset the benefit. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Mainland Chinese investors dominated at 71.3% of applicants, underscoring strong cross-border demand for homegrown AI unicorn MiniMax. The gender split skewed male at 62.1%, with an average age of 41.3 years, aligning with typical Hong Kong retail investor profiles. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
This page shows allotment analysis for Minimax-W (00100): 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.
