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Capture IPO Investment Opportunities

  • Margin financing for IPO subscription icon

    Margin financing for IPO subscription

    Up to 10x leverage* to boost your allotment chances

  • 10% upfront subscription capital icon

    10% upfront subscription capital

    Pay only a small upfront amount while the rest of your funds stay flexible for other investments or purposes, improving capital efficiency.

  • Multiple subscription methods icon

    Multiple subscription methods

    Zero handling fee for cash IPO subscription; margin subscription from as low as HK$100 handling fee.

  • Safety and security icon

    Safety and security

    A licensed corporation regulated by the Hong Kong Securities and Futures Commission (Central Number: BSM562).

The Benefits of IPO

IPO benefits

  1. Potential for high returns

    Newly listed stocks may surge significantly in the early trading period due to market enthusiasm or speculation, potentially delivering substantial short-term gains (e.g., IPOs in hot sectors).

  2. Diversify your portfolio

    Participating in IPO subscriptions across different industries can enhance portfolio diversification and reduce concentration risk.

  3. Access emerging markets

    Gain early exposure to promising sectors, with the potential for long-term asset appreciation through holding.

How to subscribe for new shares (IPO)?

Subscribe to an IPO in just four simple steps — from selecting a new stock and choosing your subscription method to submitting your application, making it easy to capture IPO investment opportunities.

  1. 01 / STEP 1

    Log in to the Metro Trading App, search for the stock code or company name, or tap "IPO Subscription."

    IPO subscription guide step 1

  2. 02 / STEP 2

    Go to the IPO page to view details such as the offer period, interest calculation date, and entry fee, then tap "Subscribe Now" at the bottom right.

    IPO subscription guide step 2

  3. 03 / STEP 3

    Choose to subscribe with cash or margin, enter the subscription quantity, and the system will automatically calculate the total fees.

    IPO subscription guide step 3

  4. 04 / STEP 4

    After confirming the details are correct, tap "Subscribe Now" to submit your order and complete the IPO subscription.

    IPO subscription guide step 4

Security Assurance

Licensed and legal

Licensed and legal

Metro Finance Hong Kong Limited (Central Number: BSM562) is a licensed corporation of the Hong Kong Securities and Futures Commission, holding Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management) licenses.

Funding guarantees

Funding guarantees

Protected by the Investor Compensation Fund, each investor suffers financial losses due to breach of duty by licensed intermediaries (products traded on the Hong Kong Stock Exchange), with a maximum compensation of HKD 500,000.

Security and privacy

Security and privacy

Through the app, trading services are provided using the Hong Kong Stock Exchange's authorized system to ensure transaction stability while focusing on asset management and trading strategies to protect client asset security.

FAQS

  1. What is an Initial Public Offering (IPO)?

    An initial public offering of new shares refers to the process by which a company issues shares in the capital market to raise funds.

  2. How can I find out on the IPO schedule?

    For details on the IPO schedule, please visit the IPO subscription information webpage.

  3. How do I cancel the new share application instruction?

    Relevant instructions must be given before 3:00 p.m. the day before the public offering deadline.

  4. Once a new share subscription application is submitted, can it be changed?

    Once submitted, it cannot be changed, and the company will deduct the relevant fees.

  5. How can I find out the results of new share subscriptions?

    On the day of the allocation results, customers will receive SMS or email notifications, or contact our customer service representatives at +852 3755 3466 or email cs@vgrowth.hk for details.

  6. What are the benefits of subscribing to new shares online?

    Cash subscription fees are completely free, and 24-hour online subscription service is convenient and fast.

  1. What is the fee for subscribing to new shares?

    For details on fees, transaction levies, transaction fees, commissions, etc., please refer here.

  2. What are IPO financing services?

    Providing financing to eligible clients to increase their ability to subscribe to new shares.

  3. What is the leverage ratio for new share subscriptions?

    Leverage of up to 10x or higher to increase your allotment chances.

  4. After selling the stocks, can the funds be immediately used to subscribe for new shares?

    If you sell shares on the same day and the T+2 subscription for new shares has not yet expired, you can immediately use those funds to apply for new shares. If the T+2 subscription for new stocks has closed, it will depend on the remaining margin quota of Metro Finance Hong Kong on that day, and will close once full.

  5. After winning the lottery, when can trading begin?

    After winning the lottery, you can start trading during the market opening hours on the official listing day.