孖展动态 孖展倍数1591.47x 孖展资金196.0亿 捷利预测倍数2053.0x
排名 券商 孖展资金
1 富途证券富途 136.9亿
2 辉立证券辉立 23.0亿
3 老虎国际老虎 21.2亿
4 华泰国际华泰 5.1亿
5 盈立证券盈立 2.6亿
6 致富证券致富 2.0亿
7 华盛证券华盛 1.9亿
8 复星国际复星 1.5亿
9 熊猫证券熊猫 5326万
孖展倍数
时间倍数
2026-06-29T06:00:00+08:000
2026-06-29T10:12:17+08:000.35012185215272135
2026-06-29T10:12:29+08:000.3736799350121852
2026-06-29T11:01:32+08:000.7644191714053615
2026-06-29T11:04:48+08:001.1876523151909018
2026-06-29T11:05:32+08:001.3501218521527214
2026-06-29T11:07:08+08:001.512591389114541
2026-06-29T11:41:52+08:001.5938261575954509
2026-06-29T12:15:12+08:001.6653127538586514
2026-06-29T12:15:43+08:001.7205523964256701
2026-06-29T12:16:32+08:001.7546709991876523
2026-06-29T12:17:57+08:001.9236393176279447
2026-06-29T12:18:18+08:001.9293257514216084
2026-06-29T12:19:00+08:002.091795288383428
2026-06-29T13:41:27+08:002.346060113728676
2026-06-29T13:42:43+08:002.8748984565393987
2026-06-29T13:43:22+08:002.883834281072299
2026-06-29T13:44:06+08:002.900081234768481
2026-06-29T13:44:41+08:002.960194963444354
2026-06-29T13:45:49+08:004.584890333062551
2026-06-29T14:01:55+08:004.659626320064988
2026-06-29T14:05:02+08:004.710804224207961
2026-06-29T14:07:08+08:004.727863525588952
2026-06-29T14:07:54+08:004.745735174654752
2026-06-29T14:08:40+08:005.720552396425671
2026-06-29T15:00:20+08:005.809910641754671
2026-06-29T15:01:29+08:005.84646628757108
2026-06-29T15:04:16+08:005.900081234768481
2026-06-29T15:05:43+08:005.952883834281073
2026-06-29T15:06:30+08:005.957757920389927
2026-06-29T15:06:55+08:006.526401299756296
2026-06-29T16:01:31+08:006.987814784727863
2026-06-29T16:03:06+08:007.034118602761982
2026-06-29T16:04:52+08:007.102355808285947
2026-06-29T16:09:18+08:007.119415109666938
2026-06-29T16:11:47+08:007.769293257514216
2026-06-29T16:12:40+08:007.797725426482534
2026-06-29T17:07:58+08:007.890333062550772
2026-06-29T17:08:57+08:008.104792851340374
2026-06-29T17:10:04+08:007.728675873273761
2026-06-29T17:11:26+08:007.7238017871649065
2026-06-29T17:12:11+08:009.835905767668562
2026-06-29T18:01:08+08:0013.491470349309504
2026-06-29T18:02:56+08:0013.56864337936637
2026-06-29T18:04:37+08:0013.65800162469537
2026-06-29T18:05:29+08:0013.670186839967506
2026-06-29T18:06:30+08:0013.668562144597887
2026-06-29T18:07:52+08:0013.66612510154346
2026-06-29T18:08:35+08:0015.209585702680748
2026-06-29T20:27:43+08:0016.004061738424046
2026-06-29T20:28:45+08:0016.303005686433792
2026-06-29T20:30:06+08:0016.44354183590577
2026-06-29T20:30:55+08:0017.095857026807472
2026-06-29T20:38:01+08:0017.689683184402924
2026-06-29T20:41:28+08:0018.74573517465475
2026-06-29T21:09:08+08:0018.76604386677498
2026-06-29T22:07:22+08:0018.787977254264824
2026-06-29T22:08:15+08:0018.87246141348497
2026-06-29T22:08:51+08:0018.897644191714054
2026-06-29T22:09:35+08:0020.19740048740861
2026-06-30T09:06:43+08:0020.201462225832657
2026-06-30T09:06:47+08:0020.20796100731113
2026-06-30T09:06:50+08:0020.21527213647441
2026-06-30T09:07:43+08:0020.861900893582455
2026-06-30T09:11:12+08:0020.94800974817222
2026-06-30T09:11:15+08:0021.46060113728676
2026-06-30T09:11:19+08:0021.483346872461414
2026-06-30T09:12:28+08:0022.94557270511779
2026-06-30T09:12:32+08:0023.398050365556458
2026-06-30T09:12:35+08:0025.185215272136475
2026-06-30T09:16:11+08:0025.268074735987003
2026-06-30T09:18:08+08:0025.268074735987003
2026-06-30T10:25:18+08:0025.56701868399675
2026-06-30T10:25:24+08:0025.58570268074736
2026-06-30T10:25:31+08:0025.626320064987816
2026-06-30T10:25:37+08:0025.66531275385865
2026-06-30T10:25:50+08:0025.69130787977254
2026-06-30T10:25:57+08:0027.07229894394801
2026-06-30T11:14:46+08:0027.140536149471973
2026-06-30T11:14:58+08:0027.354183590576767
2026-06-30T11:15:08+08:0027.372055239642567
2026-06-30T11:15:14+08:0027.592201462225834
2026-06-30T11:15:25+08:0027.601137286758732
2026-06-30T11:15:32+08:0028.00731112916328
2026-06-30T12:14:01+08:0028.69374492282697
2026-06-30T12:18:57+08:0029.091795288383427
2026-06-30T12:19:57+08:0029.11941510966694
2026-06-30T12:21:40+08:0029.082047116165718
2026-06-30T12:23:10+08:0029.10885458976442
2026-06-30T12:27:19+08:0030.083671811535336
2026-06-30T14:03:32+08:0030.220146222583267
2026-06-30T14:03:35+08:0030.776604386677498
2026-06-30T14:08:05+08:0030.77416734362307
2026-06-30T14:08:08+08:0030.94800974817222
2026-06-30T14:13:12+08:0031.18927701056052
2026-06-30T14:13:15+08:0031.255889520714867
2026-06-30T14:15:41+08:0031.28025995125914
2026-06-30T14:15:57+08:0031.259951259138912
2026-06-30T14:16:59+08:0031.73761169780666
2026-06-30T14:17:01+08:0032.05442729488221
2026-06-30T14:19:07+08:0034.81640942323315
2026-06-30T14:19:09+08:0036.52233956133225
2026-06-30T14:29:12+08:0037.20877335499594
2026-06-30T15:04:02+08:0037.33874898456539
2026-06-30T15:06:03+08:0037.43866774979691
2026-06-30T15:07:58+08:0037.446791226645004
2026-06-30T15:08:48+08:0037.44922826969943
2026-06-30T15:10:49+08:0039.480097481722176
2026-06-30T15:17:11+08:0039.23639317627945
2026-06-30T16:28:37+08:0039.30544272948822
2026-06-30T16:32:46+08:0039.526401299756294
2026-06-30T16:35:32+08:0039.53939886271324
2026-06-30T16:37:24+08:0039.555645816409424
2026-06-30T16:39:33+08:0039.7766043866775
2026-06-30T16:41:09+08:0042.2948822095857
2026-06-30T17:06:29+08:0042.57757920389927
2026-06-30T17:08:10+08:0042.59382615759545
2026-06-30T17:11:30+08:0043.247766043866775
2026-06-30T17:13:17+08:0043.26157595450853
2026-06-30T17:14:34+08:0043.275385865150284
2026-06-30T17:17:18+08:0045.712428919577576
2026-06-30T17:49:26+08:0048.555645816409424
2026-06-30T18:04:45+08:0049.174654752233955
2026-06-30T18:11:35+08:0049.24207961007311
2026-06-30T18:16:42+08:0049.33549959382616
2026-06-30T18:20:06+08:0049.33468724614135
2026-06-30T18:20:44+08:0049.39642567018684
2026-06-30T18:24:14+08:0049.409423233143784
2026-06-30T18:25:09+08:0050.87164906580016
2026-06-30T20:08:11+08:0050.92607636068237
2026-06-30T20:11:28+08:0051.00812347684809
2026-06-30T20:13:41+08:0051.076360682372055
2026-06-30T20:14:47+08:0051.41267262388302
2026-06-30T20:16:56+08:0051.85946385052802
2026-06-30T20:18:38+08:0055.02761982128351
2026-06-30T22:00:11+08:0055.04549147034931
2026-06-30T22:05:20+08:0055.05605199025183
2026-06-30T22:06:36+08:0055.043054427294884
2026-06-30T22:08:21+08:0055.69049553208773
2026-06-30T22:10:11+08:0059.5897644191714
2026-07-01T08:43:49+08:0059.47847278635256
2026-07-01T08:43:53+08:0060.5897644191714
2026-07-01T08:46:41+08:0060.606011372867584
2026-07-01T08:46:44+08:0060.67099918765231
2026-07-01T08:56:54+08:0069.6068237205524
2026-07-01T09:01:20+08:0069.6068237205524
2026-07-01T09:06:04+08:0070.54346060113728
2026-07-01T09:07:32+08:0070.54995938261575
2026-07-01T09:10:18+08:0070.76360682372055
2026-07-01T09:12:46+08:0071.3395613322502
2026-07-01T09:14:05+08:0072.9642567018684
2026-07-01T09:18:20+08:0073.4191714053615
2026-07-01T09:19:52+08:0074.15028432168968
2026-07-01T09:22:50+08:0074.54183590576767
2026-07-01T10:17:51+08:0074.65637692932575
2026-07-01T10:22:01+08:0074.72948822095857
2026-07-01T10:23:57+08:0074.73111291632819
2026-07-01T10:24:40+08:0074.76198212835094
2026-07-01T10:25:59+08:0077.68643379366368
2026-07-01T10:28:42+08:0077.73679935012186
2026-07-01T11:08:42+08:0078.10885458976442
2026-07-01T11:10:21+08:0078.13322502030869
2026-07-01T11:12:05+08:0078.27132412672624
2026-07-01T11:13:12+08:0078.1965881397238
2026-07-01T11:16:06+08:0078.27457351746547
2026-07-01T11:19:44+08:0081.19902518277823
2026-07-01T12:13:35+08:0081.69293257514217
2026-07-01T12:15:28+08:0081.70430544272949
2026-07-01T12:17:44+08:0081.76116978066612
2026-07-01T12:19:37+08:0081.79122664500406
2026-07-01T12:21:54+08:0083.49715678310316
2026-07-01T14:10:05+08:0083.51909017059302
2026-07-01T14:10:09+08:0083.5442729488221
2026-07-01T14:16:24+08:0083.61982128350934
2026-07-01T14:16:27+08:0084.72948822095857
2026-07-01T14:18:09+08:0086.43541835905768
2026-07-01T14:18:12+08:0087.00406173842404
2026-07-01T14:21:21+08:0087.05523964256702
2026-07-01T14:21:24+08:0087.07067424857838
2026-07-01T14:22:32+08:0087.08123476848091
2026-07-01T14:24:36+08:0087.10154346060114
2026-07-01T14:24:39+08:0087.12266450040617
2026-07-01T14:29:51+08:0088.268074735987
2026-07-01T15:09:22+08:0088.74654752233955
2026-07-01T15:12:50+08:0090.10316815597075
2026-07-01T15:14:31+08:0090.20064987814784
2026-07-01T15:15:48+08:0090.67749796913078
2026-07-01T15:17:31+08:0090.87246141348497
2026-07-01T15:19:26+08:0094.04061738424045
2026-07-01T16:15:21+08:0094.20796100731113
2026-07-01T16:17:54+08:0096.1251015434606
2026-07-01T16:19:18+08:0096.19577579203899
2026-07-01T16:20:25+08:0096.23233143785541
2026-07-01T16:22:33+08:00100.86271324126726
2026-07-01T16:23:37+08:00100.90901705930138
2026-07-01T17:04:17+08:00100.99675060926076
2026-07-01T17:06:41+08:00101.24532900081235
2026-07-01T17:08:06+08:00101.29082047116165
2026-07-01T17:09:49+08:00101.34118602761983
2026-07-01T17:10:33+08:00106.54021121039806
2026-07-01T17:12:05+08:00106.5897644191714
2026-07-01T18:01:50+08:00106.67099918765231
2026-07-01T18:04:43+08:00106.80584890333063
2026-07-01T18:07:31+08:00106.84565393988628
2026-07-01T18:08:11+08:00106.75060926076361
2026-07-01T18:09:07+08:00109.75629569455727
2026-07-01T18:10:48+08:00109.75710804224208
2026-07-01T18:16:32+08:00111.37774167343623
2026-07-01T20:54:34+08:00111.45247766043867
2026-07-01T20:57:05+08:00111.52233956133225
2026-07-01T20:58:07+08:00112.63119415109666
2026-07-01T20:59:21+08:00112.90576766856215
2026-07-01T21:01:20+08:00121.5978878960195
2026-07-01T21:04:08+08:00121.79285134037367
2026-07-01T22:06:02+08:00122.15840779853778
2026-07-01T22:08:23+08:00122.38342810722989
2026-07-01T22:09:56+08:00123.36393176279448
2026-07-01T22:14:11+08:00134.4930950446791
2026-07-02T08:42:48+08:00136.41267262388303
2026-07-02T08:42:51+08:00139.10073111291632
2026-07-02T08:48:50+08:00139.23720552396426
2026-07-02T08:48:53+08:00139.59951259138913
2026-07-02T08:52:48+08:00173.55564581640942
2026-07-02T08:59:35+08:00173.55564581640942
2026-07-02T09:00:44+08:00175.99268887083673
2026-07-02T09:12:40+08:00178.68968318440292
2026-07-02T09:18:53+08:00179.98862713241266
2026-07-02T09:20:40+08:00180.09423233143787
2026-07-02T09:27:21+08:00180.87814784727863
2026-07-02T09:29:57+08:00181.74654752233957
2026-07-02T09:33:40+08:00194.2567018683997
2026-07-02T09:50:26+08:00197.9187652315191
2026-07-02T10:14:17+08:00201.08285946385053
2026-07-02T10:17:28+08:00201.64825345247766
2026-07-02T10:19:42+08:00201.98943948009747
2026-07-02T10:21:57+08:00202.15434606011374
2026-07-02T10:26:10+08:00221.65069049553207
2026-07-02T11:10:22+08:00222.99675060926077
2026-07-02T11:14:15+08:00224.96831844029245
2026-07-02T11:15:07+08:00240.56539398862714
2026-07-02T11:16:47+08:00241.19171405361496
2026-07-02T11:18:49+08:00241.6880584890333
2026-07-02T11:54:35+08:00242.66287571080423
2026-07-02T12:11:14+08:00242.99431356620633
2026-07-02T12:17:07+08:00245.22095857026807
2026-07-02T12:18:44+08:00245.27376116978067
2026-07-02T12:20:39+08:00245.36311941510968
2026-07-02T12:21:20+08:00259.6604386677498
2026-07-02T12:24:18+08:00260.0186839967506
2026-07-02T14:09:07+08:00260.39642567018683
2026-07-02T14:09:10+08:00260.82534524776605
2026-07-02T14:13:50+08:00262.2940698619009
2026-07-02T14:13:53+08:00263.36230706742487
2026-07-02T14:16:46+08:00263.37124289195776
2026-07-02T14:16:48+08:00263.391551584078
2026-07-02T14:17:56+08:00263.8489033306255
2026-07-02T14:17:58+08:00264.068237205524
2026-07-02T14:20:38+08:00264.285134037368
2026-07-02T14:20:40+08:00274.03330625507715
2026-07-02T14:20:43+08:00274.07879772542645
2026-07-02T14:20:46+08:00286.8326563769293
2026-07-02T14:35:51+08:00291.8830219333875
2026-07-02T15:00:51+08:00292.45247766043866
2026-07-02T15:03:55+08:00292.74329813160034
2026-07-02T15:06:52+08:00294.4313566206336
2026-07-02T15:09:53+08:00294.5540211210398
2026-07-02T15:11:29+08:00295.06092607636066
2026-07-02T15:13:13+08:00308.4646628757108
2026-07-02T16:04:59+08:00313.6051990251828
2026-07-02T16:07:46+08:00314.58489033306256
2026-07-02T16:08:57+08:00314.6051990251828
2026-07-02T16:10:57+08:00315.04305442729486
2026-07-02T16:11:50+08:00332.99593826157593
2026-07-02T16:14:27+08:00333.29731925264014
2026-07-02T17:04:55+08:00334.7002437043054
2026-07-02T17:06:17+08:00335.3038180341186
2026-07-02T17:08:58+08:00338.340373679935
2026-07-02T17:10:03+08:00338.40617384240454
2026-07-02T17:11:52+08:00338.5962632006499
2026-07-02T17:13:57+08:00354.11210398050366
2026-07-02T17:15:29+08:00356.79285134037366
2026-07-02T17:52:26+08:00394.9731925264013
2026-07-02T18:08:12+08:00400.07554833468726
2026-07-02T18:16:49+08:00400.4272948822096
2026-07-02T18:18:50+08:00400.5718927701056
2026-07-02T18:20:37+08:00400.88058489033307
2026-07-02T18:21:14+08:00404.1088545897644
2026-07-02T18:22:10+08:00404.6441917140536
2026-07-02T18:23:21+08:00423.5718927701056
2026-07-02T20:37:41+08:00423.8123476848091
2026-07-02T20:44:01+08:00424.9715678310317
2026-07-02T20:46:13+08:00425.0601137286759
2026-07-02T20:48:14+08:00425.15272136474414
2026-07-02T20:49:31+08:00429.71161657189276
2026-07-02T20:51:20+08:00469.11047928513403
2026-07-02T21:50:18+08:00469.9171405361495
2026-07-02T22:06:26+08:00471.30787977254266
2026-07-02T22:08:39+08:00471.8480909829407
2026-07-02T22:09:42+08:00487.8220958570268
2026-07-02T22:11:18+08:00578.2363931762794
2026-07-03T08:39:30+08:00589.7132412672623
2026-07-03T08:39:33+08:00637.6417546709991
2026-07-03T08:42:15+08:00638.119415109667
2026-07-03T08:42:17+08:00638.697806661251
2026-07-03T08:46:44+08:00638.697806661251
2026-07-03T08:48:15+08:00980.3712428919578
2026-07-03T09:01:25+08:00988.4947197400487
2026-07-03T09:07:24+08:00990.4963444354183
2026-07-03T09:08:17+08:00990.5588952071487
2026-07-03T09:10:11+08:001012.9975629569456
2026-07-03T09:12:33+08:001020.2843216896832
2026-07-03T09:14:29+08:001124.102355808286
2026-07-03T09:18:30+08:001147.6588139723801
2026-07-03T10:16:45+08:001171.5597075548335
2026-07-03T10:20:16+08:001431.5922014622258
2026-07-03T11:13:54+08:001438.5393988627131
2026-07-03T11:20:39+08:001591.47
捷利预测倍数
时间倍数
券商孖展资金走势
时间券商孖展资金
预测模型 一手期望中签手数— 期望中签1手所需手数—
倍数推导
近期首日表现
+4.6%
→
参与人数
17,697
→
人均手数
75.7
→
认购倍数
463x
463x = 17,697 × 75.7 ÷ 2,894 孖展加权 100% → 2053.0x
1x111106.0x
分配手法系数 α
分配手法系数
反映发行人对不同申购规模的分配偏好。
α → 0  人均分配 — 每人获配相同股数,与申购手数无关。
α → 1  按申购量比例分配 — 申购手数越多,获配越多。
历史 α 区间(P10–P90):甲组 0.3 – 0.9,乙组 0.4 – 1.0
0.56
此模型不适用分配手法调节

实际 vs 预测 对比

以实际认购倍数 3015.69x 和当前分配手法 (甲组 α=0.558, 乙组 α=0.000) 为基准,对比各档位的实际与预测期望中签手数

申购手数 认购金额(HKD) 实际期望中签 预测期望中签 偏差

标志宝盖新材中签预测矩阵

行为申购档位,列为不同认购倍数,数值为期望中签手数,绿色背景表示期望中签≥1手;非预设倍数由相邻网格插值估计。

发售机制说明

机制B

《第18项应用指引》下的灵活发售机制。最低初订分配份额为发售股份的10%,不设回补机制。最高初订分配份额为发售股份的60%(因《第18项应用指引》规定发售股份总数至少40%须分配予配售部分投资者,基石投资者除外)。发行人可根据发售结构、市场状况及散户投资者利益,自行厘定公开认购部分的初订分配份额。

分配手法系数 α

α 为发行人分配偏好系数,描述发行人对不同申购规模的分配倾向。α 取值范围 [0, 1]。

  • α → 0:人均分配——无论申购多少手,每位中签者获配股数相同。对散户(小单申购)更有利。
  • α → 1:比例分配——获配股数与申购手数成正比。对大额申购更有利。
  • 历史实际 α 区间(P10–P90):甲组 0.3–0.9,乙组 0.4–1.0。不同IPO的α值差异较大,反映发行人各自的分配策略。
中签率定义

本页面的「中签率」定义与港交所配发结果公告完全一致:中签率 = 该档位获配股份总数 ÷ 该档位有效申请股份总数 × 100%。此为港交所官方口径,与其他网站可能使用的不同定义(如「申购人数中签比例」)有本质区别。

期望中签手数

期望中签手数 = 该档位获配总股数 ÷ 每手股数 ÷ 该档位申购人数

例:某档位获配总股数 50,000 股,每手 100 股,申购人数 500 人 → 期望中签手数 = 50,000 ÷ 100 ÷ 500 = 1.0 手。

关于本页

本页展示 宝盖新材(08090)的中签预测:基于相似 IPO 匹配的期望中签率、甲乙组资金效率对比。
默认认购倍数按「近期首日表现 → 参与人数 → 人均手数 → 认购倍数」链条推导,公式为 认购倍数 = 参与人数 × 人均手数 ÷ 公开发售手数;其中参与人数与人均手数以近期 IPO 的中位数为基准,再按发行规模、A+H 身份、H 股折溢价、行业、并发 IPO、保荐人历史表现与恒指近期走势等特征调节。
认购窗口前期默认倍数以模型推导为准;随认购进度推进逐步结合孖展倍数加权;临近截止(进度约九成后)默认倍数以孖展倍数预测为准。
中签率预测基于历史 592 只 IPO 的 22087 条配发档位数据做回归拟合与 KNN 相似匹配,估计各申购档位的期望中签手数,并结合分配手法系数 α(人均分配至比例分配)给出区间。你可以自定义认购倍数与分配手法系数 α,覆盖 cibo 的默认预测,查看不同场景下的期望中签手数。中签率的计算方式与回拨规则见港股中签率怎么算。
数据来源:港交所披露易平台公开发售配发结果公告、招股说明书、FINI 平台公告;孖展数据(孖展倍数、捷利预测倍数及券商明细)来自捷利交易宝(TradeGo),倍数仅覆盖已上报券商,捷利预测倍数为全市场外推值。
孖展倍数盘中实时更新;中签率预测模型随新股配发数据入库不定期迭代。

Cibo — 港股IPO中签率预测、中签画像与入通分析