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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AI AI Analysis AI interpretation deepseek-v4-pro · AI-generated
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Underlying data failed quality checks; AI interpretation downgraded and shown for reference only.

Market Sentiment

The IPO saw massive oversubscription at 664.92x, signaling intense retail demand for 龙丰集团. Remarkably, the hit rate was 100%, meaning every valid application received an allocation—a stark deviation from typical lottery draws in hot IPOs. Such a uniform distribution, combined with strong enthusiasm, suggests cautious pricing or guaranteed allocation structures. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

With a 100% hit rate and no rejected applications, the usual tier-based allocation inefficiencies (e.g., 甲尾 receiving barely more than 乙头) are absent here. All applicants, regardless of subscription size, got at least one lot, flattening the typical advantages of larger bids. However, without detailed tier data, it's unclear if larger applications received disproportionately higher allocations per dollar. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Mainland China participants dominated at 77.2%, reflecting strong cross-border appetite and likely heavy promotion in the Greater Bay Area. Male investors (59.7%) slightly outnumbered females, with an average age of 41.9, indicating mature, experienced investors. Given typical patterns, Guangdong accounts likely drove the regional participation. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

About this page

This page shows allotment analysis for Lung Fung Group (02290): 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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