The IPO for Deshi-B (02526) saw an extraordinary oversubscription ratio of 1,073.37x, driven by intense retail enthusiasm for the 18A biotech listing. With a near-zero hit rate and 115,017 valid applications, the offer was heavily oversubscribed, indicating investors were willing to compete fiercely for shares at the HK$99 offer price. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Given the 1,073x oversubscription, expected allocation lots for the last A-tier (甲尾) and first B-tier (乙头) were likely to be extremely close, potentially eliminating the typical tier advantage. The extreme scale of oversubscription often renders broker fee efficiency negligible, as even top-tier applicants secured only minimal allocations. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographic data for this IPO is unavailable; however, 18A biotech listings often attract strong mainland China interest, with Guangdong-based investors typically representing a significant share. Without concrete holder counts, regional and gender trends cannot be assessed. (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 Diagens-B (02526): 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.

