FUTU HK Help Center-IPO P/L

IPO P/L

1. P/L

	Explanation
Total P/L	Total P/L = Total Profit + Total Loss; Total Profit: the sum of stock P/L with positive returns; Total Loss: the sum of stock P/L with negative returns;
Yield	Yield = Total P/L / Total Allotted Amount;Stock Yield = P/L / Allotted Amount;
Overall Average Holding Days	Overall Average Holding Days: the average number of holding days for all new stocks since the account has opened; The number of days to hold a single new stock: Calculated from the date of announcement of the successful lottery to the date when the number of successful lotteries of the stock is completely cleared;
Annualized Yield (estimated) of Overall	Annualized Yield (estimated) of Overall = 100% * (total return / average number of days held) * 360;Annualized Yield(estimated) of a stock = 100%(the stock yield / the number of days of holding the stock) 360;
Update to	From the account opening date to the latest settlement date;

2. Subscription Analysis

	Explanation
Allotted Rate	Allotted Rate = number of allotted new stocks/number of subscriptions; Number of Subscriptions: the number of times of subscriptions that the subscription money is successfully deducted; Number of Allotted Amounts: the number of stocks that are allotted;
Winning Rate	Winning Rate = number of the stock with positive returns/losses; Number of Profits: Among the number of allotted stocks, the number of stocks with positive return0； Number of Losses: Among the number of allotted stocks, the number of stocks with the negative return;
Financing Ratio	Financing Ratio = Financing Amount / Total Subscription Amount; Financing Amount: the sum of bank financing and Futu financing; Total Subscription Amount: the sum of financing amount and cash subscription amount;

3. Subscription Details Explanation

	Explanation
Profit and loss of a single new stock	Profit and loss of a single new stock = sale transaction amount + remaining market value-winning amount-selling transaction cost-subscription handling fee-winning lottery fee-bank financing subscription interest fee;
Holding Days	The cumulative number of days from the allotted date to the day when all the allotted shares sold out;
Avg Sell Price	Amount sold/quantity sold;
	Since the subscription of new stocks in US stocks only supports cash subscriptions, the subscription analysis of "financing ratio" is not supported for the time being.

4. Questions

What is the difference between the profit and loss amount of new stocks and the profit and loss calculated by the profit and loss analysis?

The statistics of the "Profit and Loss of New Shares" module only count the profit and loss of the number of winning stocks. After the number of shares that have been awarded is cleared, the profit and loss will no longer be counted in the "Profit and Loss of New Shares". The profit and loss statistics of "Profit and Loss Analysis" will calculate the profit and loss of new stocks and the profit and loss of holding positions together, so the profit and loss of the two will be different.

Helpful？

Yes No

Market Insights

Discussing

關稅風暴暫離高壓區！市場能否迎來反彈？

當地時間4月22日，美國總統特朗普公開承認美國目前對中國出口商品的關稅過高，預計稅率將大幅降低；美國財政部長貝森特也表示中美雙方關稅戰將很快降溫。4月25日，特朗普表示將爲不同國家設定「公平的」關稅稅率。特朗普此次對華關稅態度的轉變，能否平息市場恐慌情緒？關稅拉鋸戰最終結局如何？ Show More

Food流油

Apr 14 07:43

"Leaving the Group - Raising Taxes - Tweeting: The 'Money Making Strategy' of the Most Wild Gemini in Contemporary Times"

It's said that Trump is a walking drama machine, raising tariffs today and praising China tomorrow, making stock investors feel like they are on a roller coaster every day. But if you have seen hisThe Art of Trade, and then take another look at hisGemini horoscope—Wow! This guy's approach is simply the business version of "Empresses in the Palace", with every step marked by the four big characters "I want to make money".
The main core strategy in the book "The Art of Trade" is the combination of business thinking and the art of gaming.
Its core logic can be summarized into the following five dimensions:
1. The underlying logic of "creating momentum" and "the combination of reality and illusion".
The book emphasizes "always let the other party make the first offer" and "exaggerate demand to gain leverage."

This strategy is often seen in tariff policies and trade negotiations.
[Example]
By imposing tariffs on various countries to create pressure, opponents are forced to the negotiation table, and then an agreement is reached through phased concessions.
II. Practical Application of the "Big Negotiation" Strategy

First, he scared everyone quite a bit, and then he gave a little reward.Imagine you are bargaining in a vegetable market, and Trump's approach is to first raise a loudspeaker and shout: "This pile of cabbage must be sold to me for 100 yuan today!" When the vendor is stunned, he suddenly rubs his hands and says: "But seeing that you are not having an easy time, let's settle for 80 yuan~"

[Example]
1. In 2018, tariffs were imposed on CN commodities, turning the global stock market into a green wilderness. Just when everyone was about to collapse, he suddenly signed a first-phase agreement and triumphantly tweeted: "No one understands deals better than I do!"

2. On April 2, 2025, ...