| Name | Shares allotted | % of global offering | % of post-IPO shares | Lock-up |
|---|---|---|---|---|
| China Orient Enhanced Income Fund | 0 | 3.70% | — | 6 months |
| XINWUTANG CO., LIMITED | 0 | 23.33% | — | 6 months |
The Sunmi Technology-W IPO attracted massive demand with an oversubscription ratio of 2003.16 times, underscoring strong investor enthusiasm for the commercial IoT sector. However, the reported hit rate of 0.0% despite over 204,000 valid applications points to either negligible retail allocations or a potential data anomaly. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
A notable tier inefficiency appears at the boundary: 甲尾 applicants with 200,000 lots expected just 0.0547 lots, while 乙头 applicants with 250,000 lots expected 0.3486 lots—a disproportionate jump. This makes the top of Tier A exceptionally cost-inefficient relative to the marginal increase in application size, especially after factoring in broker fees. (This is AI-generated commentary. Data may contain errors; verify against HKEX filings. Not financial advice.)
Demographic breakdowns such as mainland China participation and regional distribution are unavailable for this IPO, as the dataset reports zero values across total holders and geographic percentages. This limits insights into the investor profile, particularly the typically influential mainland retail interest for tech listings. (This is AI-generated commentary. Data gaps exist; always refer to official filings. Not financial advice.)
This page shows allotment analysis for Sunmi Tech-W (06810): 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.

