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
160
Placee count
15
Cornerstone investors
145
Anchor investors

Cornerstone investors

Name Shares allotted % of global offering % of post-IPO shares Lock-up
Charoen Pokphand Foods 39,992,200 14.60% 0.70% 6 months
丰益 13,997,200 5.11% 0.24% 6 months
– Wii Pte. Ltd 9,998,000 3.65% 0.17% 6 months
– HPRY 3,999,200 1.46% 0.07% 6 months
中化香港 12,997,400 4.74% 0.23% 6 months
香港豫农国际 9,998,000 3.65% 0.17% 6 months
富达基金 15,996,800 5.84% 0.28% 6 months
加皇环球资产管理(亚洲)有限公司 5,998,800 2.19% 0.10% 6 months
Perseverance Asset Management 6,518,700 2.38% 0.11% 6 months
上海高毅及华泰资本投资(与高毅场外掉期有关) 5,478,900 2.00% 0.10% 6 months
平安人寿保险 5,998,800 2.19% 0.10% 6 months
大家人寿 5,998,800 2.19% 0.10% 6 months
UBS AM Singapore 3,999,200 1.46% 0.07% 6 months
美的发展控股BVI 5,998,800 2.19% 0.10% 6 months
Millennium 1,999,600 0.73% 0.03% 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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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 IPO of Muyuan Foods saw moderate demand with an oversubscription ratio of 5.88x, resulting in a rare 100% hit rate where all 21,268 valid applications received allocations. This unusually high success rate reflects tepid retail enthusiasm compared to typical hot HK IPOs, though the HK$39 final pricing suggests stable institutional support. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

Despite the blanket 100% hit rate, allocation outcomes show stark tier inefficiency: applications at the A-tail (HK$100,000) expected just 0.33 lots, while the B-head (HK$200,000) secured a full 1.0 lot, offering 50% higher share-per-dollar. This gap highlights the hurdle small investors face in obtaining meaningful positions, making the jump to the B-tier disproportionately beneficial. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

Mainland Chinese investors dominated, accounting for 73.7% of the 20,304 successful applicants, underscoring strong cross-border appetite for the consumption retail sector. The group skewed male at 62.1% with an average age of 40.6, suggesting seasoned, gender-typical investing patterns. (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 Muyuan (02714): 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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