Interactive Brokers launches HK IPO Subscription Applications
Dear Client,
We are pleased to announce that Interactive Brokers Hong Kong (“IBHK”) will be supporting subscription applications on selected Hong Kong IPOs from the convenience of your Interactive Brokers trading account as of the 22nd of June.
Margin account clients can also enjoy the ability to leverage off their portfolios existing cash and equity positions to increase their IPO subscription application buying power on selected IPOs. Cash account clients can pay for their application with available cash or, if they would also like to increase their buying power, make an application to switch their account type to a margin account via the account settings in Account Management.
The first IPO that we will be supporting will be Xiaomi Corporation, which is anticipated to start accepting public subscription application in the coming days and listing on the Hong Kong Stock Exchange early July.
To apply and subscribe to HK IPOs, please log in to your IBHK Account via Account Management and select "IPO Subscription" from under the "Trade" or "Trading" heading on the menu.
For further details please visit our website https://www.interactivebrokers.com.hk/en/index.php?f=25356
Sincerely,
Interactive Brokers Client Services