- Who is eligible to apply HK IPO through Magpie Securities?
All Magpie Securities account holder can apply for HK IPO through Magpie Securities App, except the account holder is a US citizen or those indicate who cannot apply in the prospectus.
2. I am an US citizen, can I apply for HK IPO?
No.
In general, the conditions of application for most Hong Kong Public Offer indicate that any application for the benefit of a person within the United States or a US person (as defined in Regulation S under the United States Securities Act of 1933, as amended) is not acceptable.
3. How can I subscribe for HK IPO?
Account holder can follow the instruction on the App.
4. When the IPO is open for subscription, can I submit my application anytime?
Yes.
Once the IPO is open for subscription, you can submit an online IPO application any time before its application deadline. Cut off deadline for applications utilizing IPO financing will be determined by Magpie.
5. Can I apply for the same IPO by completing more than one application?
No.
You are not allowed to do so. Multiple applications or suspected multiple applications will be rejected.
6. Can I apply for the same IPO through Magpie and another broker at the same time?
No.
You are not allowed to do so. Multiple applications or suspected multiple applications will be rejected.
7. Can I cancel my IPO application?
Yes.
You can go to the Pending IPO section to cancel your IPO application instruction before the application deadline specified on the web. However, application using IPO financing cannot modify or cancel.