What are IPOs?
An Initial Public Offering (IPO) is the process where a private corporation offer their shares to the public for the first time. Companies usually use IPO for the primary objective of raising capital.
IPO Scene in Hong Kong
In 2017, Hong Kong Stock Exchange (HKEx) and Growth Enterprise Market (GEM) ranks 3rd on the global IPO market raising a total of HK$128.54 billion with 174 newly listed companies.
IPOs are highly attractive for many investors as newly listed shares in Hong Kong recorded a 20.42% rise in stock prices on average during the first day. In 2019, the number of new IPOs are expected to reach 250.
Hong Kong Stock Market
- Sophisticated Charting Tools
- Raised more than HKD$15.65 trillion for IPO companies in eight years
- Choices of more than 2,000 listed companies
- Total market capitalisation for more than HK$34 trillion (as of Nov 2017)
- No daily price/trading limits
- Multiple high performing and attractive listings
Six Advantages of Hong Kong IPO
- High average IPO allotment rate on first attempt (73.23% in 2017)
- High profit potential (75.17% average gain of IPO on first day in 2017)
- Ability to subscribe IPOs via financing
- Subscribe to IPOs from both the Mainboard and GEM
- Low transaction costs
- Only takes 3.5 days to confirm subscription
Blackwell Global Advantages
Blackwell Global strives to provide a seamless experience by allowing all HK securities trading to be done under the same account.
- Regulated by Hong Kong Securities and Futures Commission (SFC)
- Access to IPO information via mobile devices
- Low transaction costs
- Transparent and fast IPO application processes
- Availability of margin financing for IPO application