Jinyan Kaolin 02693
IPOIPO Allotment Results Analysis
2.7500.18%( -0.005 )
Nov 13 · End-of-day data, not live · Hong Kong Stock Exchange
Allotment Results · 20251203
IPOIPO Allotment Results Analysis| Name | Shares allotted | % of global offering | % of post-IPO shares | Lock-up |
|---|---|---|---|---|
| 平煤香港 | 4,068,000 | 16.74% | 4.19% | 6 months |
| 创力香港 | 3,390,000 | 13.95% | 3.49% | 6 months |
| 金源香港 | 1,491,500 | 6.14% | 1.53% | 6 months |
| 德高矿山 | 1,491,500 | 6.14% | 1.53% | 6 months |
| Rank | % of international placing | % of global offering |
|---|---|---|
| 前1名 | — | — |
The IPO of 金岩高岭新材 saw extreme retail demand with an oversubscription ratio of 6,876.17 times. Despite this frenzy, the hit rate is recorded as 0.0%, suggesting either data reporting anomalies or effectively zero allocation probability. The final offer price was fixed at HK$7.3 per share. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
A tail applicants (600,000 lots) expected 0.2147 lots, which is higher than B head applicants (700,000 lots) who expected only 0.1301 lots, creating an unusual tier efficiency inversion. Typically, B head allocations are higher than A tail due to marginal demand curves, so this anomaly may reflect a skewed lottery algorithm or data error. Investors should note that broker fee structures and actual allotment costs vary. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Demographic data is not available for this IPO as total holders, mainland China, and Hong Kong participation rates are all reported as 0. Consequently, it is not possible to assess regional participation patterns. Normally, high oversubscription ratios correlate with strong mainland investor interest, but no conclusions can be drawn here. (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 Jinyan Kaolin (02693): 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.
