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

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International oversubscription
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Placee count
7
Cornerstone investors
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Anchor investors

Cornerstone investors

Name Shares allotted % of global offering % of post-IPO shares Lock-up
GIMM Holding Limited 0 7.96% — 6 months
JKKB Limited 0 16.24% — 6 months
SS Morgan Capital Limited 0 7.50% — 6 months
华夏基金(香港)有限公司 0 5.00% — 6 months
敏睿商务咨询有限公司 0 5.00% — 6 months
汪牵擎 0 8.75% — 6 months
吴启楠 0 1.25% — 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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Underlying data failed quality checks; AI interpretation downgraded and shown for reference only.

Market Sentiment

The IPO was heavily oversubscribed at 193x, indicating strong market demand. With an overall hit rate of 27.79%, only about one in four applicants received an allocation, suggesting intense competition. The final offer price of HK$6.58 was set, but no price range is available to assess pricing dynamics. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

A significant tier anomaly is observed: A尾 applicants had an expected allocation of just 0.094 lots per application, while 乙头 applicants saw 0.8997 lots, a nearly tenfold jump. This implies that the A尾 tier was extremely crowded, making it highly inefficient compared to the relatively richer allocation of the first B-tier. Broker fee efficiency would be markedly worse for A尾 given the minimal allocation. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

The provided data lacks a demographic breakdown, with all holder and participation percentages set to zero. Consequently, no insights on mainland China participation, gender, age, or regional distribution are available. Typically, Hong Kong IPOs attract significant mainland interest, but this cannot be confirmed for this listing. (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 Saint Bella GP (02508): 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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