| Name | Shares allotted | % of global offering | % of post-IPO shares | Lock-up |
|---|---|---|---|---|
| 3W Funds | 0 | 1.50% | — | 6 months |
| Arc Avenue Asset Management Pte. Ltd. | 0 | 3.01% | — | 6 months |
| Boyu Capital Opportunities Master Fund | 0 | 3.01% | — | 6 months |
| China Orient Multi-Strategy Master Fund | 0 | 0.52% | — | 6 months |
| Cithara Global Multi-Strategy SPC — Disruptive Innovation Investment Fund SP | 0 | 0.60% | — | 6 months |
| CPE Peepal Investment Limited | 0 | 4.51% | — | 6 months |
| HHLR Advisors, Ltd. | 0 | 4.51% | — | 6 months |
| Perseverance Asset Management International (Singapore) Pte. Ltd. | 0 | 3.01% | — | 6 months |
| Source Code Super Holdings Co. | 0 | 1.50% | — | 6 months |
| UBS Asset Management (Singapore) Ltd. | 0 | 4.51% | — | 6 months |
| WT Asset Management Limited | 0 | 1.50% | — | 6 months |
| Yield Royal Investment Holding (Singapore) PTE. LTD. | 0 | 2.26% | — | 6 months |
| 富国基金管理有限公司 | 0 | 2.00% | — | 6 months |
| 富国资产管理(香港)有限公司 | 0 | 1.00% | — | 6 months |
| 工银理财有限责任公司 | 0 | 1.50% | — | 6 months |
| 广发国际资产管理有限公司 | 0 | 1.20% | — | 6 months |
| 广发基金管理有限公司 | 0 | 1.80% | — | 6 months |
| 华夏基金(香港)有限公司 | 0 | 0.60% | — | 6 months |
| 惠理基金管理香港有限公司 | 0 | 0.60% | — | 6 months |
| 景林资产管理香港有限公司 | 0 | 1.30% | — | 6 months |
| 宁远资本有限公司 | 0 | 1.50% | — | 6 months |
| 盘京港景投资基金 | 0 | 0.60% | — | 6 months |
| 上海景林资产管理有限公司 | 0 | 1.70% | — | 6 months |
| 未来资产证券(香港)有限公司 | 0 | 3.01% | — | 6 months |
| 易方达基金管理有限公司 | 0 | 0.90% | — | 6 months |
| 招商证券投资管理(香港)有限公司 | 0 | 0.30% | — | 6 months |
| 钟鼎资本八期投资有限公司 | 0 | 1.50% | — | 6 months |
| Rank | % of international placing | % of global offering |
|---|---|---|
| 前1名 | — | — |
Sentiment was exceptionally strong, with the IPO oversubscribed 1138 times, indicating intense demand for this semiconductor listing. The overall hit rate of 17.08% meant over 80% of applicants received no allocation, despite reallocation from institutional to retail. This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.
Noticeable inefficiency at the A-tail to B-head boundary: A-tail applicants expected only 0.96 lots while B-head applicants received a full lot, despite the marginal increase in subscription size. This cliff effect underscores the importance of precise lot sizing in a 'no clawback' mechanism B structure, though broker fee structures vary and actual costs may differ. This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.
Mainland investors dominated with a 67.5% participation rate, a common pattern in hot Hong Kong IPOs, reflecting cross-border enthusiasm for semiconductor exposure. The applicant base skewed male at 58.5% and had an average age of 43, suggesting mature retail investors with significant capital. 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 Gpixel (03277): 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.

