Cidi 03881
IPOIPO Allotment Results Analysis
14.3302.78%( -0.410 )
Nov 13 · End-of-day data, not live · Hong Kong Stock Exchange
Allotment Results · 卓佳 · 20251219
IPOIPO Allotment Results Analysis| Name | Shares allotted | % of global offering | % of post-IPO shares | Lock-up |
|---|---|---|---|---|
| 湘江智骋 | 1,618,650 | 29.93% | 3.70% | 6 months |
| 智驾一号 | 292,860 | 5.42% | 0.67% | 6 months |
| 工银瑞信 | 29,610 | 0.55% | 0.07% | 6 months |
| 工银瑞信国际 | 59,230 | 1.10% | 0.14% | 6 months |
| 前海开源群巍 | 76,040 | 1.41% | 0.17% | 6 months |
| Rank | % of international placing | % of global offering |
|---|---|---|
| 前1名 | — | — |
The IPO attracted moderate interest with a 22.55x oversubscription ratio, translating to a high overall hit rate of 71.88%. With no mandatory clawback under Mechanism B, the reallocation likely softened competition, indicating cautious but broad retail demand for this 18C specialist tech listing. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Both 甲尾 (10,000 lots) and 乙头 (20,000 lots) are expected to receive just 1 lot, creating an exceptionally flat allocation curve. This inefficiency means the larger 乙头 commitment yields no additional shares, likely due to the small public float after reallocation. After broker costs, lower-tier applications may have offered better capital efficiency. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Mainland Chinese investors represented 81.5% of applicants, underscoring strong cross-border appetite for this smart-driving concept. The pool leaned male (65.9%) with an average age of 41.5, typical for tech IPOs in Hong Kong. Geographic concentration was likely in contiguous Guangdong, though detailed regional data is unavailable. (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 Cidi (03881): 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.
