| Name | Shares allotted | % of global offering | % of post-IPO shares | Lock-up |
|---|---|---|---|---|
| HHLRA | 5,521,000 | 5.67% | 0.78% | 6 months |
| 国泰君安证券 | 2,838,000 | 0.40% | 0.40% | 6 months |
| 君宜香港基金 | 2,683,000 | 2.76% | 0.38% | 6 months |
| Shengying Investment | 5,521,000 | 5.67% | 0.78% | 6 months |
| Zeta Fund | 5,521,000 | 5.67% | 0.78% | 6 months |
| 海底捞新加坡 | 2,208,500 | 0.31% | 0.31% | 6 months |
| Rank | % of international placing | % of global offering |
|---|---|---|
| 前1名 | — | — |
The retail tranche of 遇见小面 (02408) drew extreme enthusiasm, with an oversubscription ratio of 425.97x and a low hit rate of just 15.71%, signaling fierce competition for shares. The offer price was set at HK$7.04, and the massive oversubscription triggered reallocation from the international tranche, underscoring robust market appetite. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
A notable tier inefficiency emerges: 甲尾 applicants subscribing for 700,000 shares (1,400 lots) receive only an expected 0.58 lots, while 乙头 applicants with slightly larger subscriptions of 800,000 shares (1,600 lots) are guaranteed 1 lot. This makes the jump from 甲尾 to 乙头 highly cost-effective, as an incremental 200 lots secures a full allocation, though broker fee structures and actual execution costs may vary. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
The applicant base was dominated by mainland Chinese investors, who accounted for 66.3% of successful applicants, a typical pattern for hot Hong Kong IPOs. The gender split skewed male at 62.6%, and the average age was 42.9, suggesting participation by middle-aged, experienced retail investors. (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 Xiao Noodles (02408): 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.

