Ant Demand Shatters Shanghai Records

The video discusses the high demand for an IPO in Shanghai, which was oversubscribed 870 times, leading to $2.8 trillion in bids. In contrast, Hong Kong investors used up to 33 times leverage, compared to the US's one-time limit. The IPO allotment in Hong Kong is small, creating a lottery-like atmosphere. Trading is expected to begin on November 5th, with predictions of a significant stock price increase. In Shanghai, a 44% limit exists for first-day stock increases, but no such limit is on the Starboard. The IPO is backed by Jack Ma and Alibaba, suggesting strong market interest.

What is the significance of the 44% limit on stock price increases in mainland exchanges?

What factors contribute to the perceived excitement around the IPO in Hong Kong?