Hello, I'm Hertz.

I. Listing Status

$SUNMI TECH-W(06810.HK)

Although it pulled back after surging, it still closed up 241.11%, with one lot soaring by 59,940; it once broke above 300% during the session. This performance is excellent enough, don't set your expectations too high.

After the holiday, there are still many excellent IPOs queuing up to launch, gearing up for action.

I'm currently most focused on Jitai Technology, Nanjing Yingcai, and Yifei Intelligent (all three have already passed the hearing), and so on. Good things are worth waiting for.

The May Day holiday is coming soon. Regarding the holidays, Hong Kong has two fewer days off than we do.

• Hong Kong Market: Closed on May 1 (Friday); normal trading resumes from May 4 (Monday).

Hong Kong Market: Normal trading on May 4 (Monday) and May 5 (Tuesday).

II. Grey Market Status

None

(This is just personal sharing of experience and does not constitute investment advice. For reference only.)

III. Allotment Results

None, to be announced tomorrow afternoon, the allotment results for Tianxing.

IV. IPO Subscription

Currently, the only one still in the offering process is $COFOE MEDICAL(01187.HK) .

Detailed analysis can be found in the analysis from the past couple of days.

Kefu, I steered it into a ditch. With the holiday coming up, I can't even be bothered to touch it. The funds are tied up for so many days, and it might even end up being more trouble than it's worth. But I still need to update the latest margin multiple: Discount rate: As an A+H stock, the most important thing for Kefu is the discount of H shares compared to A shares. A shares rose slightly by 1.91% today. Currently, the H-share discount compared to A shares is 35.48% (as of the close on April 29), this discount rate can only be described as average.

Margin Multiple:

As of the time of writing, the margin data is as follows. The current margin multiple is 205.34 times, the heat is not good. It's estimated to reach 300~500 times; steered into a ditch.

Hertz's Gold Point: The IPO subscription results for April were quite good. The results from the previous three months weren't as much as this single month. I can happily enjoy the May Day holiday now.

(This is just personal sharing of experience and does not constitute investment advice. For reference only.)

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