商米科技－Ｗ
06810.HK
- Subscription
- 04/21/26 – 04/24/26
- Price fix
- 04/21/26
- Allotmentrefund 04/27/26 PM
- 04/28/26
- Listinggrey market 04/28/26 eve
- 04/29/26
今日上市
Hong Kong IPO Tracker
Live subscription, price-fix, allotment and listing schedule for all IPOs on the Hong Kong Stock Exchange. One-click into our allotment-rate calculator to size your application.
How the money moves:Subscription freezes capital → allotment day − 1 afternoon refund lands if not allocated → listing day − 1 evening grey market → 09:00 next day official listing.
Live margin pulse — broker subscription totals & oversubscription
Hourly snapshot of every active HK IPO. Higher oversubscription = market conviction the IPO is worth grabbing. Use the calculator to size lots.
Synced
29/04, 15:34 HKT
01609.HK
天星医疗
Margin total
HK$9018B
Oversubscribed
10869×
Last broker delta
TradeGo Markets: 1.9077亿
Extremely bullish — worth subscribing29/04, 11:56
06810.HK
商米科技－Ｗ
Margin total
HK$2172B
Oversubscribed
2048×
Last broker delta
招银国际: 15亿
Extremely bullish — worth subscribing28/04, 17:30
01187.HK
可孚医疗
Margin total
HK$256B
Oversubscribed
239×
Last broker delta
信诚证券: 1亿
Bullish — strong demand29/04, 14:25
Source: AiPO (myiqdii.com)•Refresh cadence: hourly•Margin total = HK$ frozen across all brokers. Cumulative; never reset until subscription closes. Disclosed AiPO snapshot is calibrated × 1.7 to estimate true street total (silent prop / dark margin not in public feed).
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View history →Grey market or Day 1 — which is the smarter exit?
See win rates across 107 past HK IPOs (grey market beats Day 1 in 60.7% of cases) →
Closing soon · prepare your capital
Red < 48h · Orange < 72hCapital planning · reusable vs conflicting
Reusable: apply in sequence — if the earlier IPO does not allocate, the refund lands in the afternoon and can fund a NEXT IPO closing on a strictly later calendar day. Same-day close = conflict (HK IPOs close ~12:00 HKT, refund arrives ~16:00 HKT — too late). Conflicting: subscription windows overlap or share a close date, so each needs its own capital pool.
Conflicting IPOs · need 2 separate capital pools
These IPOs have overlapping subscription windows. Refunds from each arrive too late to fund the next, so each application locks its own pool of capital until allotment.
15-day timeline
2026-04-22 → 2026-05-0604/22
Tue
04/23
Wed
04/24
Thu
04/25
Fri
04/26
Sat
04/27
Sun
04/28
Mon
04/29
Tue
04/30
Wed
05/01
Thu
05/02
Fri
05/03
Sat
05/04
Sun
05/05
Mon
05/06
Tue
商米科技－Ｗ
06810.HK
Frozen
G
L
天星醫療
01609.HK
Subscription
Frozen
G
L
可孚醫療
01187.HK
Subscription
Frozen
G
L
華勤技術
03296.HK
G
L
曦智科技－Ｐ
01879.HK
Frozen
G
L
邁威生物－Ｂ
02493.HK
Frozen
G
L
PhaseSubscriptionCapital frozenGrey marketListing
EventPrice fixAllotmentRefund (derived)
Refund = capital return on allotment date − 1 afternoon (unallocated cash lands back). Grey market = listing date − 1 evening.
IPO details
Upcoming
天星醫療
01609.HK
- Offer price
- HK$98.5
- Lot size
- 50 shares
- Entry fee
- HK$4,974.67
- Subscription
- 04/24/26 – 04/29/26
- Price fix
- 04/24/26
- Allotmentrefund 04/30/26 PM
- 05/04/26
- Listinggrey market 05/04/26 eve
- 05/05/26
6日後上市
可孚醫療
01187.HK
- Lot size
- 100 shares
- Entry fee
- HK$3,972.67
- Subscription
- 04/27/26 – 04/30/26
- Price fix
- 05/04/26
- Allotmentrefund 05/04/26 PM
- 05/05/26
- Listinggrey market 05/05/26 eve
- 05/06/26
7日後上市
華勤技術
03296.HK
- Subscription
- 04/15/26 – 04/20/26
- Price fix
- 04/21/26
- Allotmentrefund 04/21/26 PM
- 04/22/26
- Listinggrey market 04/22/26 eve
- 04/23/26
曦智科技－Ｐ
01879.HK
- Subscription
- 04/20/26 – 04/23/26
- Price fix
- 04/24/26
- Allotmentrefund 04/24/26 PM
- 04/27/26
- Listinggrey market 04/27/26 eve
- 04/28/26
邁威生物－Ｂ
02493.HK
- Subscription
- 04/20/26 – 04/23/26
- Price fix
- 04/24/26
- Allotmentrefund 04/24/26 PM
- 04/27/26
- Listinggrey market 04/27/26 eve
- 04/28/26
From calendar to cash
This calendar answers "when". The calculator answers "how much". Pair them: pick an IPO here, jump to the calculator, enter your lots + expected oversubscription, and see your probability and margin ROI before the subscription window closes.
Frequently asked
How often is this calendar updated?▾
Twice daily at 11:00 and 22:00 Hong Kong time. A cron job on our VPS scrapes AAStocks, diffs the JSON, and triggers an incremental revalidate. In practice you will see same-day changes within an hour of AAStocks publishing them.
What do the stage codes mean?▾
O = Subscription opens · P = Subscription period · C = Subscription closes · F = Offer price fixed · A = Allotment announced · L = Listing day on HKEX. Two derived codes: R = Refund (allotment date − 1, afternoon) when unallocated capital actually returns to your account, G = Grey market (listing date − 1, evening) when you can trade on the off-exchange venue before official listing.
How do I tell when my capital is free for the next IPO?▾
Official allotment date (A) is when the exchange publishes results, but most brokers SMS/push the outcome the afternoon BEFORE, which is when unallocated cash is already usable. Rule of thumb: if IPO B's subscription_close date is on or after IPO A's (allotment − 1), you can roll the same capital from A into B. The 'Capital-compatible combos' cards above do this check for you.
What happens at grey market?▾
Grey market is the off-exchange trading window on the evening before official HKEX listing (typically 16:15 – 18:30 HKT on L − 1). Brokers like Phillip / Futu let you enter trades at expected open prices, useful for locking in gains / cutting losses before the 09:00 listing session.
How do I estimate my allotment probability?▾
Click "Estimate allotment" on any IPO card. Our free calculator uses the dual-pool model (Pool A retail, Pool B large) calibrated against real HKEX allotment data. Enter your lots + expected oversubscription, get probability + margin-financed return.