What is the HK IPO Loan for?

With HK IPO loan, you are able to subscribe more shares and increase the chance of receiving higher number of allocated shares. However, you should bear in mind that you have to pay interest for your loan regardless of the results of allotment.

Who is eligible to apply for IPO Loan?

All BOOM account holder, either cash account holder or margin account holder, can apply for IPO Loan.

How to apply IPO Loan online?

1. Log in BOOM account;
2. Go to "Subscribe" > "Apply HKIPO" > "HK IPOs Subscription" > “Current IPO Offerings”;
3. View offering information of an IPO;
4. Click the [Apply Online] button;
5. Read and agree all terms and conditions;
6. Select the "Number of Shares Applied For";
7. Click the checkbox "I would like to apply for IPO Loan" and enter the "Request Loan Amount",
8. Press [Confirm];
9. Make sure you see the application confirmation page that states "Your IPO Subscription Instruction has been received by BOOM".

Please note that the approval of your loan application and the loan amount granted shall be at the sole discretion of BOOM.