What is an IPO?
IPO (Initial Public Offering) means a company issues shares and raises fund in the capital market through financial intermediary for business development and future expansion.Investors who have successfully been allotted with the new shares will become the shareholders of this listed company.
How can I subscribe for IPO shares?
In general case, if you want to subscribe for IPO shares, you can choose one of the following channels:
White form: If you choose to subscribe for IPO shares under your own name, please use the white form. Those who have been successfully allotted with the new shares will receive the share certificates.You must deposit the share certificates into a securities account with a bank/broker before trading.
Yellow form: If you use the yellow form, the allotted shares will be deposited directly in the stock account of a bank /broker in CCASS.The bank /broker will simultaneously credit the shares into your securities account.The allotted shares can be traded on the first day of listing.
eIPO Service Offered by Bank of China (Hong Kong)
You can subscribe for IPO shares using a white application form through the website of BOC(HK), or using a yellow form through Internet Banking:
For application using white form:
You may make the hassle-free payment via cheque/cashier's order, online PPS payment or Internet Banking* without the trouble of visiting our branches.
For application using yellow form:
All you need is to maintain the Internet Banking and securities accounts with us and payment will be debited directly from your settlement account.
* The available payment method is subject to the decision of the issuer/sponsor. |