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

0.64
International oversubscription
172
Placee count
6
Cornerstone investors
166
Anchor investors

Cornerstone investors

Name Shares allotted % of global offering % of post-IPO shares Lock-up
Qualcomm 2,010,613 3.85% 0.38% 6 months
江西国控 3,896,700 7.46% 0.75% 6 months
OmniVision HK 2,513,200 4.81% 0.48% 6 months
香港裕同 2,513,200 4.81% 0.48% 6 months
青岛观澜及国泰君安证券投资(香港)有限公司(与观澜场外掉期有关) 2,010,613 3.85% 0.38% 6 months
Endless Growth 1,256,600 2.40% 0.24% 6 months
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 attracted overwhelming demand with a 1149.76x oversubscription ratio, reflecting intense market enthusiasm. However, the hit rate is recorded as 0.0%, implying that virtually no applicants received allocations under the reported data. This underscores an extremely tight supply situation. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Tier Analysis

At the A-tail (100,000 shares applied), the expected allocation is only 0.026 lots, while B-head (200,000 shares) expects 0.1074 lots. Despite requiring double the capital, B-head yields about four times the expected lots, indicating a marginal efficiency gain at the B-tier entry. Such a disparity may reflect a ballot design that slightly favors larger applications in extreme oversubscription. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Demographics

The data shows 0% mainland China and 0% Hong Kong participation, as well as zero total holders, which is likely a placeholder for this future-dated IPO. Typically, Hong Kong IPOs see significant mainland investor interest, but no demographic breakdown is available here. Caution is advised when interpreting these figures due to the lack of concrete data. (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 Longcheer (09611): 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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