Hong Kong Stock IPO: How to Determine If You Should Subscribe

Recently, you might have seen cases where a single lot of Hong Kong stocks yielded thousands to tens of thousands of HKD in profits, but traditional sectors or overvalued new stocks have also frequently broken their issue price. So, subscribing to Hong Kong stocks shouldn't be done blindly; cherish every opportunity to get allocated shares and avoid losing your principal.
Currently, the Hong Kong IPO market for 2026 remains active, with fundraising exceeding 100 billion HKD in the first quarter, particularly with hard tech sectors performing outstandingly, while the traditional sector's break price rate is nearing 50%.

So here's a practical method for subscribing to Hong Kong stocks:

Screening process, 5-minute scoring system, key order points, and exit discipline.
By strictly executing this, you can boost your win rate from about 50% with random subscriptions to over 80%.
(Or follow @jeonleetogether, who will analyze and share personal trading steps before each new stock subscription 😁)
⚠️ And definitely avoid chasing underperforming stocks with leverage.

Step 1: 5-Minute Efficient Screening of New Stock Pool
Open your brokerage app, navigate to 【Hong Kong】→【New Stock Center】, and focus on the "IPO in Progress" (last 1-2 days) and "Upcoming Listings" sections.
At a glance, check the margin multiples (app updates in real time); mark anything above 100x as a potential target.
Quickly filter three hard indicators:
Priority sectors are AI, semiconductors, biopharmaceuticals, consumer recovery, and new energy;
Directly exclude traditional manufacturing, real estate, and cyclical sectors.
The sponsor must be a top-tier investment bank like Goldman Sachs, Morgan Stanley, CICC, or China Merchants International.
For cornerstone investors, check the front page of the prospectus, prioritizing institutions like Tencent, Sequoia, Alibaba, and Hillhouse, with a lock-up period of 6-12 months.
(Due to the limited space for this short post, I’ll attach the second and third steps in image form) $BTC $ETH $BNB