SUNMI TECH-W (06810), XIZHI TECH-P (01879), and MABWELL-B (02493) are currently undergoing their public offering processes. As of April 23, securities firms such as Futu Securities and Phillip Securities have provided HK$90.199 billion in margin financing for SUNMI TECH-W, representing an oversubscription of more than 851.16 times. For XIZHI TECH-P, margin financing amounted to HK$588.02 billion, with an oversubscription exceeding 4,653.27 times. MABWELL-B received HK$43.25 billion in margin financing, oversubscribed by more than 298.8 times.