1. What is an IPO ?
IPO is when a company issues common stock or shares to the public for the first time. The shares issued by IPO in HK will be listed and traded on the HK exchange.
2.How will I be informed of IPO
IPO news will be posted on our company website and sent to clients by email.
3.How can clients apply for IPO?
Clients can apply for IPO by filling in the application form provided either on the CASH website, at the sales and operations centres or via customer service hotline to require the form.
4.As a cash securities account holder, can I apply for the IPO financing without any margin securities account?
All securities account holders can apply for IPO either on margin financing or by cash. Subscribing to IPO on margin financing, clients only need to deposit the margin with the rest of the purchase amount lent by CASH. The margin interest rates are listed on the application form and the interests are charged starting from the closing date of application to the allotment date.
5. How much is the handling charge for the IPO application ?
HK$100.00 per application.
6. When should I deposit money after submitting the IPO application form?
Client’s securities trading account must have sufficient fund on or before 3:00pm of our IPO subscription cut off day.
7. How can I know the IPO allotment result ?
Clients subscribing to IPO with CASH will be notified of the allotment result either by email or SMS (if applicable).