HK IPO Subscription Fees
Type | Charges | Charged by |
Cash Subscription Fee | HKD 0 / Order | Tiger Brokers |
Financing Subscription Fee | HKD 100 / Order | Tiger Brokers or External Agency |
IPO Leverage Financing Interest | Financing Interest-Bearing Principal* Financing Interest-Bearing Days* Daily Financing Interest Rate | Tiger Brokers |
Margin Interest | Charged based on actual financing amount and applicable interest rate | Tiger Brokers |
Transaction levy, Trading Fee and Brokerage Commission，FRC Transaction levy | Allotment Amount*1.0085% | SFC, HKEX and Brokers,FRC |
GST(Goods and Services Tax) | (Allotment*1.0085%+handle fee )*9% | Singapore Government |
Supplements:
Cash Subscription Fee： Whether you win the IPO lot or not, the subscription fee will be charged when the application is approved. （From 2024.12.20 No cash subscription fee during the promotional period）
Financing Subscription Fee： Whether you win the IPO lot or not, the subscription fee will be charged when the application is approved.
IPO Leverage Financing Interest： Daily Financing Interest Rate. Please kindly refer to the page of new shares subscribing.
Transaction levy, Trading Fee and Brokerage Commission， FRC Transaction levy ：Only charged when new stocks are allotted
GST(Goods and Services Tax)：If win the lot, GST=(Cash Subscription Fee /Financing Subscription Fee+Allotment *1.0085%)*9%;if not win, GST=(Cash Subscription Fee /Financing Subscription Fee)*9%
IPO Leverage Financing Interest
When participating in IPO subscription using leverage financing, corresponding financing costs may be incurred. During the current promotional period, Tiger waives the financing interest for this portion, and the actual interest charged is 0. Details are subject to the promotion rules and final settlement.
Margin Interest
During the HK IPO subscription process, subscription funds must be settled in HKD. Please ensure that sufficient HKD available cash is maintained in your account. If HKD cash is insufficient or funds are held in money market funds, an HKD debit balance may be incurred at the time of deduction, and HKD financing interest will be charged accordingly. The financing amount and interest will be calculated based on actual usage and applicable interest calculation rules, subject to final settlement.
NOTE:
*Please refer to HK Stocks IPO Subscription for further reference.
*If Margin financing is triggered due to insufficient HKD cash during the subscription process, the interest incurred on such financing is not covered by the IPO Leverage Financing interest-free promotion, and the relevant charges will be collected based on actual usage.