Criteria to apply
- Certified Accredited Investor (S$300k annual income, or $2m net asset, or $1m net financial asset)
- Deposit S$200k and convert to HKD, regardless of number of shares allocated
Due to the above restrictions, it's more feasible for most people to trade during in the "Pre-IPO" window, which is from 415pm to 630pm one day before actual listing in HK.
Calendar of Upcoming HK IPOs
*Hong Kong Pre-IPO Trading*
"Pre-IPO" takes place after the IPO shares allocation and 1 day before actual listing.
Phillip clients who had successfully bid for the shares during the IPO may sell to other Phillip clients during the "Pre-IPO" window.
- Date: 1 trading day before actual listing
- Time: 415pm-630pm
Depending on market sentiment, it is possible to get better price than first day listing during the Pre-IPO window.
How to access HK Pre-IPO in POEMS:
- Log in POEMS > Trade LP2 > Stocks > Exchange > HK Pre-IPO
(Name and Price of the stocks will appear on this page at 415pm if there is Pre-IPO trading that day)
Settlement process will be the same as buying HK stocks. If bought during Pre-IPO window, date of actual listing will be recorded as transaction date.
All posts and charts are for educational and illustration purposes only