Bama Tea 06980
IPOIPO Allotment Results Analysis
25.1404.75%( +1.140 )
Nov 13 · End-of-day data, not live · Hong Kong Stock Exchange
Allotment Results · 20251028
IPOIPO Allotment Results Analysis| Rank | % of international placing | % of global offering |
|---|---|---|
| 前1名 | — | — |
The IPO attracted extreme oversubscription of 2680.04x, reflecting intense retail enthusiasm for the well-known tea brand. However, the overall hit rate was effectively zero percent, indicating that despite the fervor, very few applicants received allocations, likely due to a small HK offering tranche and no clawback. The final offer price was fixed at HK$50.0, offering no discount to incentivize participation beyond brand appeal. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
A notable tier inefficiency emerges from the expected lot data: applications at the A-tail (100,000 lots) yielded an expected 0.222 lots, whereas the B-head (150,000 lots) yielded 0.4505 lots, giving the B-head a roughly 35% higher expected allocation per lot. This disparity suggests that applying at the B-head tier was substantially more capital-efficient than at the A-tail, which is unusual and could have disadvantaged many retail investors concentrated in lower tiers. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
Mainland Chinese investors accounted for 57.1% of the applicant pool, significantly outnumbering Hong Kong-based participants at 41.0%, highlighting strong cross-border brand recognition. The gender split was skewed male at 62.9%, with an average age of 44.2 years, indicating a predominantly middle-aged, male retail investor base. (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 Bama Tea (06980): 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.
