The withdrawable amount shown on your account page is your ''Maximum Withdrawable'' whereas the amount available for subscription by cash is ''Cash Withdrawable'', which may be smaller than ''Maximum Withdrawable''. Please refer to the available cash amount shown on the IPO subscription page. As long as you subscribe within this amount limit, no interest will accrue.

3. When will my money be deducted for subscription?

After receiving your subscription, the system will freeze the required money immediately and deduct it on the Futu subscription deadline.

4. Can I cancel or edit my subscription?

You may cancel or edit your subscription before the Futu subscription deadline.

5. How do I pay back funds borrowed via Futu financing services after making new deposits?

Your new deposits will automatically cover the deficits (if any) in your account.

6. Can I use bank financing for ETF subscriptions like IPO subscriptions?

Sorry, we don't support bank financing for ETF subscriptions.

7. What if a margin call occurs after the announcement of subscription results?

If your account runs too low on funds after the announcement of subscription results, a margin call will be triggered. Please deposit sufficient money into your account before the listing date. Otherwise Futu reserves the right to carry out forced liquidation without prior notice.

8. What are the rules for ETF subscriptions? Will I get more allocation if I subscribe to more?

The allocation of ETF subscriptions depends on the number of additional shares of funds. There is no guarantee that more subscriptions will result in more allocations. Zero or only partial allocations may also happen.

Helpful？

Yes No

Overview

1. Which part of my funds can I use forETF IOP subscription?
2. Why are my available funds less than the maximum buying power of my account?
3. When will my money be deducted for subscription?
4. Can I cancel or edit my subscription?
5. How do I pay back funds borrowed via Futu financing services after making new deposits?
6. Can I use bank financing for ETF subscriptions like IPO subscriptions?
7. What if a margin call occurs after the announcement of subscription results?
8. What are the rules for ETF subscriptions? Will I get more allocation if I subscribe to more?

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, ...

FAQ about HK ETF IOP subscription

1. Which part of my funds can I use for ETF IOP subscription?

2. Why are my available funds less than the maximum buying power of my account?