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

1.34
International oversubscription
71
Placee count
2
Cornerstone investors
69
Anchor investors

Cornerstone investors

Name Shares allotted % of global offering % of post-IPO shares Lock-up
盈科壹号 1,222,200 7.53% 8.37% 6 months
香港高精尖 1,221,100 7.53% 8.36% 6 months

International concentration

Rank % of international placing % of global offering
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AI AI Analysis AI interpretation deepseek-v4-flash-ga-260731 · AI-generated
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The following content is generated by an AI model based on historical IPO data. It does NOT constitute investment advice, solicitation, or recommendation. Past subscription patterns and post-listing performance do not guarantee future results. Data may contain inaccuracies — always verify against official HKEX filings and prospectuses before making any investment decision.

Market Sentiment

The offer attracted 68.89 times oversubscription from 31,183 valid applications, indicating strong subscription enthusiasm. The final offer price is 44.2 HKD, but the upper/lower price range is not provided in the source data, so we cannot assess where pricing landed relative to the indicative range. The accepted application count is also not provided, so an overall success rate cannot be calculated from this dataset. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

The A-tier tail (100,000 HKD) expects 1.0 lot per application, while the B-tier head (200,000 HKD) expects only 0.0435 lots — so doubling the capital from 100k to 200k yields less than one-twentieth of a lot rather than a larger allocation. This suggests a sharp inefficiency at the A/B boundary, with B-head applicants facing a far lower expected allocation per dollar subscribed. Note that broker fee structures vary and actual costs may differ, and no broker fee data is present in the source data, so fee efficiency cannot be compared. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Among the 14,607 total holders, mainland China applicants represented 90.3% and Hong Kong applicants 9.5%, indicating a heavily mainland-dominated applicant pool. The gender split was 67.7% male and 32.3% female, with an average age of 38.5 years. These demographics describe the applicant population only; no regional breakdown beyond mainland/HK is provided, and the sample reflects a single IPO. (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 New Vision Co (02632): 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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