Stocks
IPO
What is a sponsor
What is the listing hearing of an IPO
What is an initial public offering
The uniqueness of listing by way of introduction
IPO roadshow: a survey of Investment intentions
What is a red herring prospectus
What are different rights on the same stock
What is the subscription multiple
Is the new encyclopedia "top mallet" a mallet
What is the price of admission fee for new shares encyclopedia in Hong Kong
How is the distribution between the public offering and the international placement of the new shares encyclopedia
New encyclopedia, margin show, new stock: small capital to make a big profit
What is the black word of the new encyclopedia
Green shoes: the Operation of "protecting disk" for Market stabilizing Merchants
Warrants
Option
Of course, the "top mallet" of Hong Kong stocks has nothing to do with football. It means that when drawing new shares, it is decided to bet heavily on the subscription of "the upper limit of the number of new shares issued". The formula for calculating the upper limit is half of the number of public offerings (not counting callback). For example, A companies issue a total of 100 million shares, 90 per cent of which go to international allotment and 10 per cent as public offerings, and investors can subscribe for up to half of the 10 million shares sold, 5 million shares. On the other hand, when subscribing for new shares, they will generally be divided into two groups: group An and group B. Group B is mainly an organization and high net worth customers, and the "top mallet" will be summarized as the largest number of shares subscribed in Group B.
Generally speaking, the more the top mallet, the higher the subscription mood, the more bullish the market for the new stock.