$SANHUA(02050.HK) has been quite popular recently for IPO subscriptions. A reminder to all IPO subscribers, especially those new to the market: Since the rules for IPO subscriptions in Hong Kong are different from those in A-shares, many people share their analyses after conducting research. These lengthy articles can be informative, but stay vigilant. Recently, I encountered a bizarre IPO analyst who thought they could exploit others after analyzing a few new stocks. Fortunately, I noticed their slip-up. I won’t specify which one, but if an analysis article boasts about their stock trading skills, how accurate their IPO predictions are, and then shares their public or personal WeChat account, be cautious. They will inevitably pull you into a group, and there are various tactics to exploit you. You can read their articles for reference, but take them with a grain of salt. IPO subscriptions are inherently highly random, and so-called predictions are essentially gambling. After long-term tracking, I’ve found that hardly anyone can predict with 50% accuracy. For most of us, subscribing to IPOs is about trying our luck and catching the trend. If you find this post helpful, please give it a like so more new investors can see it and be aware of such risks.