DELTON (01989), FS.COM (03355), and NSING TECH (02701) are currently undergoing their initial public offering subscriptions. As of March 13, brokerages including Futu Securities and Phillip Securities have provided margin financing of HKD 24.253 billion for DELTON, representing an oversubscription of more than 73.35 times. For FS.COM, margin financing amounted to HKD 5.383 billion, resulting in an oversubscription exceeding 32.35 times. NSING TECH received HKD 529 million in margin financing, leading to an oversubscription of over 5.16 times.