返回 Prospectus Allotment Results Allotment Profile Expected Lots Subscription Calculator Cibo Flash

Offering Mechanism: 机制B | Offer Price: HK$38.80 | Lot Size: 100shares | Min Subscription: HK$3,880 | Oversubscription: 7.0x

80.7%

1-Lot Hit Rate

0.81 lots

Expected Lots at Current Input

2 lots

Lots for expected 1-lot allotment

Oversubscription7.0x

Enter your own final oversubscription multiple to re-run the hit-rate forecast

Lots1

Margin Financing

Check to customize financing ratio and annual rate

Handling FeeHK$100 Refund fee if not allotted

When checked, the handling fee is refunded if you are not allotted; the expected fee is scaled by the allotment probability

Interest Days1

Sell Commission0.03%

Platform FeeHK$15

Results

Metric	Cash	Margin
Subscription Amount	HK$3,880	HK$3,880
Margin Amount	—	HK$3,492
Financing Interest	—	HK$0
Handling Fee	HK$100	HK$100
Sell Commission	HK$0.97	HK$0.97
Platform Fee	HK$12	HK$12
Sell Taxes	HK$3.52	HK$3.52
Total Cost	HK$117	HK$117
Expected Allocated Lots	0.807 lots	0.807 lots
Expected Allocated Amount	HK$3,131	HK$3,131
Break-even Move	3.72%	3.73%
Break-even Price	HK$40.245	HK$40.249

Calculation

Subscription amount = lots × lot size × offer price; margin amount = subscription amount × financing ratio; financing interest = margin amount × annual rate × interest days ÷ 365.
Total cost = handling fee + financing interest + sell-side costs; sell-side costs = sell commission + platform fee + sell taxes (stamp duty 0.1% + trading fee 0.00565% + transaction levy 0.0027% + FRC levy 0.00015%, all fixed HKEX rates). The platform fee is fixed and scaled by the allotment probability (proportional when expected lots are below 1).
Break-even move is solved from (expected allocated amount + handling fee + financing interest + platform fee) ÷ expected allocated amount ÷ (1 − sell commission rate − sell tax rate) − 1; break-even price = offer price × (1 + break-even move).
Expected allocated lots come from the hit-rate forecast model (KNN similar-IPO matching) and vary with the oversubscription multiple; the 1-lot hit rate is the model's estimate at the current forecast multiple, not a guarantee.

// About this page //

This page estimates the subscription cost and break-even for TRANSSION (02636): enter the number of lots and whether to use margin financing to compute the subscription amount, financing interest, handling fee, expected allocated lots and break-even price. Expected allocated lots come from the hit-rate forecast model (similar-IPO matching); financing interest is estimated as margin amount × annual rate × interest days ÷ 365, with interest days taken from the frozen-capital calendar (deadline to refund day). Data sources: HKEX prospectus and allotment results, and the hit-rate forecast model.

Cibo — HK IPO Allotment Forecasts, Allottee Profiling & Stock Connect

TRANSSION 02636Subscription Calculator

Results

Calculation