
Total Assets
BABA StockPro$TOPNC(07688.HK)$UISEE TECH(01511.HK)
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1. UIS is easy to get allocated (18c). A 20% clawback is like getting a 4x lottery card. 2. Top's cornerstone investors are good, quality is good. The mainstream view is to focus on Top first, then UIS with the rest.
Personally, I'm willing to take some risk and focus on UIS this time. Because Top is too crowded, the new IPO on Tuesday will incur 3 days of financing interest. Then, if you only get one lot (worth over 2000), you need a 100% gain just to break even. UIS's issue price likely has the idea of being included in Stock Connect. There's a possibility of loss, but it's not high.
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