Latest IPO Tutorial
【New Share Subscription】Latest IPO IPO IPO IPO Tutorial (with 0 Interest 0 Handling Fee)
What is an IPO?
An IPO, also known as an “Initial Public Offering,” refers to a company's initial public offering of stock to a public investor, transforming it from a private company into a publicly traded company. In general, an IPO is one of the financing methods for a company to raise funds, expand its business, or increase brand awareness.
What are the benefits of IPO?
Potential High Returns
The recent Hong Kong IPO market heat has rebounded, causing widespread investor concern. Many companies tend to adopt more attractive pricing strategies to improve listing success rates. If the market responds well, the subsequent performance of the respective stocks is worthy of attention, giving investors the opportunity to make significant profits in the short term.
Participate in emerging and long-term value-added companies
If investors are able to hold the shares of potential growth companies early and keep them unsold, the company can achieve long-term asset appreciation as long as the company continues to grow after the listing, not only if it is convenient to receive dividends (assuming the company has a dividend)!
Do you have to earn on a IPO?
IPO investments come with risks such as high market volatility, uncertain company performance, etc., so decide to do your homework before you start. However, in perspective, the new share subscription as of 25 October 2024: first day yield of up to HK$6500 is broadly optimistic
Latest IPO Timetable
Do you want to know in advance about the upcoming IPO and the companies that will be listed on the day so that you can do your homework early? See it nowIPO of Hong Kong sharesandU.S. IPOListing Timetable!
Key dates for IPO of Biti IPO
As an investor, a company listed on the stock exchange, you should be aware of the following key days:
1. Application Date: Normally 3 to 4 days from the start of the order date to the application deadline. To subscribe for new shares, please participate during the subscription period. The IPO date will be indicated in the prospectus in the prospectus.
2. Pricing Date: Pricing, the final issue price will be prepared jointly by the listed company and the underwriter after the closing date of the IPO. The pricing day is generally the trading day after the closing date for the new share application or the closing date.
3. Announcement of IPO: Listed companies will issue a notice of distribution of new shares on the trading day preceding the IPO date.
4th. New Share Listing Day: New Share Listing Day is the first day of IPO.
5. Green Shoes Protection Period: New shares with excess allotments may be exercised by the investment bank within 1 month from the subscription deadline. If the share price breaks during this period, the investment bank can buy support shares; if the share price rises, the listed company adds new shares to the investment bank.
6. Restraint period for cornerstone investors: If a company introduces a cornerstone investor prior to listing, in general, there is a six-month ban period, i.e. within 6 months after the listing date, the shares purchased by the cornerstone investor cannot be sold, and the listed company may also agree to a longer ban period with the cornerstone investor.
7. PROHIBITION PERIOD FOR MAJOR SHAREHOLDERS OF LISTED COMPANIES: NEW SHARES LISTED ON THE HKEX MAIN BOARD HAVE A 6-MONTH BAN FROM THE DATE OF IPO; MAJOR SHAREHOLDERS HAVE A 2-YEAR BAN ON NEW SHARES LISTED ON THE HKEX START-UP BOARD FROM THE DATE OF IPO.
How to Subtract New Shares
There are two main types of share withdrawal methods: ordinary purchase and bank financing purchase. Futu also offers new share purchase services:
Ordinary subscription | Bank Financing Subscription | |
Subscription method | 1. PURE CASH 2. Cash+Futu Finance | 1. Cash+Bank Financing 2. Futu Finance+Banking 3.Cash+Futu Finance+Bank Financing |
favours | · Cheaper subscription fees · Each new share can be used ・ No loot required | · Enjoy preferential interest rates · Leverage up to 10x or more |
How to choose two subscription methods?
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How do I increase my subscription rate?
When a new stock is popular and unsolicited, and you have a good look at its prospects, do you want to increase your chances of intermediation when you place a new stock? You can choose to subscribe by margin method! Now, with bank financing, you can get leverage of up to 10 times or more, the higher the leverage multiplier, the higher the margin, but of course the greater the opportunity, the higher the risk.
IPO Fees - 0 Interest 0 Handling Fees IPO Tutorial
Want to renew shares at a lower cost? Below is a strategy for purchasing new shares with 0 or 0 ongoing fees! If you purchase with ordinary cash (cash), you will be able to make a universal purchase (Futu Finance), if you need to pay 6.8% annual interest. If you buy through bank financing, you can free up bank financial assets, just pay a manual fee of HK$100 per pen! You can choose the most suitable and best buying method according to your investment needs.
Subscription method | Subscription fee items | fees | Toll party | superiority | How to choose |
Cash Purchase | Subscription Fee | 0 | / | 0 Subscription fee | Low cost, suitable for non-popular stocks |
Futu Finance Application | Subscription Fee | 0 | / | Collateralized by holding shares. Do not sell shares, such as new shares | Cash stress, holding other stocks |
Futu Financial Interest | Futu Financial Year Interest Rate Comparable Account Ratio of Hong Kong Equity Financing Securities for the Year | Futu Securities | |||
Bank Financing Application | Subscription Fee | 100 HKD/PEN | Bank or Futu Securities | Bank Margin 0 Interest Provides up to 10x leverage (You can subscribe for 1 coin of 50, 100 or more) | SUITABLE FOR POPULAR NEW STOCKS AND MULTIPLE NEW STOCKS TO BE DRAWN TOGETHER Increases the utilization rate of funds and increases the interpenetration rate |
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Learn more about 0 Interest 0 Procedures
For the support of our members and friends, Futubull Platform has once again added member benefits: New share super benefits!
What are the two main benefits of a member IPO?
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Benefit 1: New Share Subscription Fee Limited Free AccessGetting started: Futubull app-my tab-member center--open the new privilege benefit bag. CLICK TO GET AN IPO TO BUY A RECURRING FEE, AND YOU'LL FIND OUT HOW MUCH IT COSTS TO WITHDRAW NEW SHARES! OTHER V1 MEMBERS CAN HOLD HKD20, V2 MEMBERS CAN HOLD HKD50 AND V3 MEMBERS CAN HOLD HKD100.
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Benefit 2:10% exchange option for new share subscription feeEnter the Points Store to redeem your subscription fee and enjoy a 10% discount for members! Members only need 18,000 points to redeem when redeeming a subscription fee of HKD100 with the original price of 20,000 points.
Benefit 1: New Share Subscription Fee Limited Free AccessWhat other benefits do members enjoy
Become a Futubull member and instantly unlock 15 great special rewards by removing the proceeds from the IPO's new dividend.
How do I see my Futubull Member Level?
Go to the Follow Me page, click the Member Login under the header, enter the Futubull Membership Program page to see your membership rank, the special requirements you can enjoy, and detailed rules, and click directlyHere, Enter the Futubull Membership Program.
How can I upgrade my Futubull membership?
The benefits that can be enjoyed by different ratings are different, and the higher the level, the more privileges you will enjoy.
So how should we raise our membership level?
1. The level of the Fotubull Club is divided into 3 equal classes, and the equivalent is awarded to 888 or more friends who are members of the Fotubull Club. Tiers are the sum of the assets and trading scores of nearly 90 daily users.
2. Members may gain equal rights by increasing the net asset value (deposit funds, share value, etc.) and by making transactions of specified categories, while at the same time reaching the level threshold value, they can be upgraded immediately. At the same time, there is no need to worry about our friends. The Futubull Membership Program has a 14-day deferral of protection. During the protection period, the Bull Friend can enjoy the member's special privileges, just increase the number of ranks to the same level during the protection period, and the level can be restored immediately!
Detailed rules canClick herePlease refer to the rules page for the Futubull Membership Program in advance >>
IPO Related Terms
GROUP A B: THE NUMBER OF SHARES ELIGIBLE FOR SUBSCRIPTION BY APPLICANTS PARTICIPATING IN THE PUBLIC OFFERING SHALL BE A, GROUP B (ALSO REFERRED TO AS GROUP A AND B). Group A, commonly referred to as “retail customers”, means subscriptions of less than $5 million; group B, known as “general accounts”, are subscribed for more than $5 million.
TOP NOTCH: MAXIMUM SUBSCRIPTION, I.E. HALF OF THE NUMBER OF SUBSCRIPTIONS FOR INITIAL PUBLIC OFFERINGS (NOT COUNTED BACK). IN OTHER WORDS, THE PERSON WHO SUBSCRIBES THE MOST SHARES IN GROUP B IS CALLED THE HEAD HAMMER
One-hand hold rate: The probability that only one hand is ordered and then withdrawn
FINI: A PUBLIC STOCK RECRUITMENT PLATFORM DEVELOPED BY HONG KONG STOCK EXCHANGE. Market participants and regulatory bodies can jointly manage the calculation process for initial public tender shares (known as public tender shares) on the same platform, shortening the time for new share pricing to start trading. Thanks to the birth of the FINI system, investors use Futu to purchase new shares at a 0% rate, increasing the yield
Terms and Conditions:
The new share buybacks are subject to Bank Expansion Limited, and Futu and Futuro's real earnings will be displayed on the purchase page. 0Manual fee refers to the cash purchase and/or the Futu Expansion Procurement Option 0 application fee.
