INITIAL PUBLIC OFFERING SUBSCRIPTION SERVICE

Citigold
HK$1,500,000 or above

Citi Plus
  • No minimum deposit requirement

Fill in personal information and make an appointment at branch to complete the application
Apply online and no need to visit branch

Citigold
HK$1,500,000 or above

Fill in personal information and make an appointment at branch to complete the application

Citi Plus
  • No minimum deposit requirement

Apply online and no need to visit branch

Initial Public Offering Subscription Service

Initial Public Offering Subscription Services
Citibank provides investors online IPO subscription service with handling fee waiver. You can now subscribe new shares easily to grasp every investment opportunity.

Initial Public Offering Subscription Service

IPO subscription service for IPO listed on the Main Board

Enjoy an online IPO handling fee waiver

  • Investment Service Enquiries hotline at (852) 2860 0183
    For stock account opening procedure, please refer to “HOW TO APPLY” as shown below
  • Investment Service Enquiries hotline at (852) 2860 0183
    For stock account opening procedure, please refer to “HOW TO APPLY” as shown below

Initial Public Offering Subscription Services

IPO subscription services for IPO listed on the Main Board

Enjoy an online IPO handling fee waiver

  • Investment Service Enquiries hotline at (852) 2860 0183
    For stock account opening procedure, please refer to “HOW TO APPLY” as shown below



IPO Services

What is an Initial Public Offering?

An initial public offering (IPO) is a company‘s first issue of new shares to raise funds from capital market through financial intermediary for company’s future development.

Citibank provides IPO subscription service for IPO listed on the Main Board only.

Subscribing new shares^

Citibank provides IPO services through Online Banking (Yellow form).

Subscription Channel How to receive the allotted shares
White form In general, you may not be able to sell the shares until the shares are deposited into CCASS.
Yellow form If you have opened a securities account with your intermediary (brokerage or bank), the successfully allotted new shares will be deposited into your securities account of your intermediary with CCASS and registered under HKSCC Nominees Limited. So you will not receive the physical share certificates.
^
The above information is sourced from “The Chin Family” and is intended as a general guide to highlight some basic facts and characteristics of certain types of securities. For details risk associate with IPO, please refer to HKEx (http://www.hkex.com.hk/).

IPO Services subject to service fees and charges. For details, please refer to the Service Fees and Charges leaflet.

CURRENT IPO

Citibank IPO Services – Current IPO

Listing Date Stock Name
(Stock Code)
Citibank Subscription Period* Application Channel IPO handling Fee
From To Allotment Date Refund Date
To be announced JY GAS Limited (1407) 10/31/2022 11/4/2022 To be announced To be announced Citibank Online Waived
12/1/2022 Lygend Resources & Technology Co., Ltd. (2245) 11/21/2022 11/23/2022 11/30/2022 12/1/2022 Citibank Online Waived
12/15/2022 Buyang International Holding Inc (2457) 11/29/2022 12/6/2022 12/14/2022 12/15/2022 Citibank Online Waived
12/15/2022 3D Medicines Inc. (1244) 11/29/2022 12/6/2022 12/14/2022 12/15/2022 Citibank Online Waived
12/9/2022 Sunshine Insurance Group Company Limited (6963) 11/30/2022 12/2/2022 12/8/2022 12/9/2022 Citibank Online Waived
12/12/2022 Gaush Meditech Ltd (2407) 11/30/2022 12/2/2022 12/9/2022 12/10/2022 Citibank Online Waived
12/12/2022 Howkingtech International Holding Limited (2440) 11/30/2022 12/2/2022 12/9/2022 12/10/2022 Citibank Online Waived
12/12/2022 Huafang Group Inc. (3611) 11/30/2022 12/2/2022 12/9/2022 12/10/2022 Citibank Online Waived
12/14/2022 Meihao Medical Group Co., Ltd (1947) 11/30/2022 12/5/2022 12/13/2022 12/14/2022 Citibank Online Waived

Notes
1) Once the IPO subscription is submitted, it will be processed and cannot be amended or cancelled.
2) The cutoff time of IPO subscription via Citibank Online will be 4:00pm of closing day of Citibank Subscription Period*.

HOW TO APPLY

IPO Services subject to service fees and charges. For details, please refer to the Service Fees and Charges leaflet.

FEES & CHARGES
IPO Handling Fee (per subscription) HKD/CNY100* (Waived until further notice)
Brokerage Fee^ 1% of the Subscription Amount
SFC transaction levy^ 0.0027% of the Subscription Amount
Trading Fee^ 0.005% of the Subscription Amount
FRC Transaction levy^ 0.00015% of the Subscription Amount
*
CNY charges shown are applicable to CNY denominated stock
^
For details, please refer to the HKEX website

Note
All charges are subject to the final determination of listing documents of the corresponding IPO.

 

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  • Shanghai-Hong Kong Stock Connect

Terms and Conditions:Terms and Conditions:

General Terms and Conditions:

  • Clients will still be charged non-brokerage fee items such as, but not limited to, Stamp Duty, Transaction Levy, FRC Transaction Levy and Trading Fee where applicable.
  • The Bank will credit the refund amount to a client's Hong Kong Dollar settlement account. If only a US Dollar/Renminbi (RMB) settlement account is linked to the securities account, the refund amount will be credited to that account. An exchange rate of USD1 = HKD7.8/RMB1 = HKD1.2 will be used for all calculations.
  • Online IPO subscription handling fee waiver is valid until September 30, 2022
  • All the above offers cannot be used in conjunction with any other offers.
  • All the above offers / rewards are not applicable to clients who are the employee of the Bank or Citibank N.A ., organized under the laws of U.S.A. with limited liability or its subsidiaries during the Promotion Period and at the time crediting the rewards.
  • The Bank reserves the right to suspend, amend and terminate the offers and change the Terms and Conditions from time to time without prior notice.
  • The Bank reserves the right of final decision in the event of dispute.
  • In the event of discrepancy between the English and Chinese versions, the English version shall prevail.

Disclaimer:Disclaimer:

You should seek advice from your professional advisors as to your particular tax position, including but not limited to estate duty and withholding tax that might arise from investing in overseas products. This website material is for information purposes only and is not intended to constitute any offer or solicitation or advice to buy or sell any security. Investments are not bank deposits and are not obligations of, guaranteed or insured by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. or any of its affiliates or subsidiaries, or by any local government or insurance agency, and involve risks, including the possible loss of the principal amount invested. Share prices may go down as well as up. Investment products are not available for U.S. persons and might only be applicable to limited jurisdiction. Any person considering an investment should seek independent advice on the suitability or otherwise of the particular investment.