Who can apply HK IPO through BOOM?

All BOOM account holder can apply for HK IPO through BOOM.

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.

As such, if you are an US citizen, BOOM cannot apply for any Hong Kong Offer Shares on your behalf.

How to apply HK IPOs online?

1. Login 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. Press [Confirm];
8. Make sure you see the application confirmation page that states "Your IPO Subscription Instruction has been received by BOOM".

How do I know if BOOM has received my online IPO application?

BOOM will acknowledge receipt of your online IPO application by displaying on screen an application confirmation page.

To retrieve the conformation page, you can simply login to your BOOM account, and then go to Trading & Portfolio > Pending IPO Instructions section or the IPO Order History section.

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.

Can I apply for the same IPO more than once?

No. You can only submit one application for the same HK IPO.

Can I apply for the same IPO through BOOM and another broker?

No. You can only make one application for the same HK IPO in your own name. Multiple applications will be rejected.

Can I cancel my IPO application?

Yes. You can go to the Pending IPO Instructions section to cancel your IPO application instruction before the application deadline specified on the web.

Can I change my IPO application?

No. You cannot change any entered application. Before the application deadline, you can cancel your existing instruction and re-input a new IPO application instruction.

When will BOOM deduct application money from my account?

Once you submit an IPO application, BOOM will withhold the subscription amount from your BOOM account.  The amount required will only be deducted from your account on the Application Deadline as stated on web.

How do I know the status of my IPO application?

You can simply go to the IPO Order History section, and check the status of your IPO application instruction. If the status is "Executed", it means BOOM has submitted the IPO application on your behalf.