- Zero handling fee
We waive the handling fee of online subscriptions, and also provide up to 100% margin financing and placement for professional investors. - Day and night service
24 hours support is provided for online subscription services. Complemented by 24/7 direct deposits through the Electronic Direct Debit Authorization (eDDA), you can subscribe for new stocks anytime, anywhere. - Comprehensive information
Provision of IPO research reports provide hot IPO notifications, oversubscription alerts and sponsor information to assist you in making informed decisions. - Simple handling
Online IPO subscription is simple and easy, as fast as 5 seconds to complete the subscription. We also support subscription via phone. - Fast Refund
Wholly or partially returned subscription funds will be deposited to the client’s securities account at the close of trading on the day of refund and can be used for grey market transactions without requiring additional deposit nor wait for the refund cheque. - Grey Market
Supports multi-channel (phone, online trading system, mobile APP) real-time grey market trading methods with real-time quotes and charts.
Information such as real-time grey market quotes and charts, market transaction records, price depth etc. can help clients take control of grey market opportunities.
Applications for the IPO will be accepted until 9:00 AM on the last day of the subscription period.
Nominee Services
| Subscription | Full Payment (Non-margin) | Margin Financing (Margin) |
|---|---|---|
| Handling fee |
Waived for applications via online Application via phone HK$50 |
Application via phone and online HK$100 |
| Application commences | 09：00 of the initial offering day | 11：00 of the initial offering day |
| Subscription Period | Usually 3 and a half days (certain stocks may extend their subscription period) | |
| Application ends | Applications for the IPO will be accepted until 9:00 AM on the closing of the subscription period (or when quota full) | |
| Share allotment successful | Shares allotment will be deposited to the client’s securities account and notified by SMS one day before the listing date | |
Remarks: The allotted shares applied by individual accounts will only be deposited to the account with same registered name and cannot be deposited into joint name accounts
This can be done through ‘Chief Trade’ mobile APP, the handling fee will be waived for full payment subscriptions.
Margin financing can be done by ‘Chief Trade’ mobile APP, allowing you more flexibility in arranging your finances and increase your chances in share allotment.
| Items | |
|---|---|
| Handling fee | HK$100 |
| Enrollment start | 11：00 on the first (offering day) |
| Notification | Shares allotment will be deposited to clients' securities' account. Clients will be notified by SMS on the day before listing date |
You can review your subscription process by logging into the ‘Chief Trade’ mobile APP to search for number of shares registered under the ‘IPO subscription’ section. We will also notify you via email.
Client will receive the results via SMS one day before the listing date. You can also access the results online via the IPO subscription home page under ‘allotment record’ to find out the number of shares allotted and listing price.
Grey market trading is provided. The trading period from 16:15 to 18:30, one working day before the stock is listed on the Hong Kong stock exchange. Client can trade during this time via ‘Chief Trade’ mobile APP, Top Trader professional download version. Trading can also be conducted by calling your branch or the grey market trading hotline (852) 2203 0500 / (852) 2500 9118 (until 18:30).
Clients can get access to the market’s latest IPO information by opting in to receive ‘push notifications’ via ‘Chief Trade’ mobile APP. Alternatively our professional research team will also provide detailed articles and reports that can be access on our company website to help you undertake the advantages and risks of each IPO and make thorough assessments to make leading and informed decisions.
