The Hong Kong Pre-IPO trading market is a channel provided by Phillip Securities for customers to trade Hong Kong shares one day before their official listing in the Hong Kong Exchange. Phillip Securities is the first broking house in Singapore and Hong Kong to offer customers the Pre-IPO trading channel.
The performance of stocks in the Pre-IPO trading session should not be considered as an indicator of its price and demand in the official trading session.
| Online Trades | Broker-Assisted Trades | |
| Commission | 0.25% | 0.30% |
| Minimum | HKD100 | HKD150 |
| Other foreign fees: | ||
| Stamp Duty | 0.1% (Round up to the nearest dollar) | |
| CCASS fee | 0.002% (Minimum HKD2.00, Maximum HKD100) | |
| Transaction Levy | 0.0027% | |
| Trading fee | 0.005% | |
Note: Goods & Services Tax (GST) will be applied to commission charges. Commission and exchange fees may be subject to change without prior notice. Please click here for custodian charges.
Italian financial transaction tax (“IFTT”) is applicable to buy trades on Hong Kong-listed Italian companies with market capitalization more than Euro 500 million. The applicable tax rate was 0.22% in 2013 and 0.2% from 1st January 2014.
| Order Placement (Board lots) | Via1) POEMS 2.0 or
2) Your designated Trading Representative |
| Common order rejection messages |
|
| Trading lot | Not fixed | |
| Live Price | Via POEMS 2.0 (live price quote) | |
| Exchange | HKEx | |
| Minimum bid size | Share price (HKD) | Minimum Bid Size (HKD) |
| 0.01 – 0.25 | 0.001 | |
| > 0.25 – 0.50 | 0.005 | |
| > 0.50 – 10.00 | 0.01 | |
| > 10.00 – 20.00 | 0.02 | |
| > 20.00 – 100.00 | 0.05 | |
| > 100.00 – 200.00 | 0.10 | |
| > 200.00 – 500.00 | 0.20 | |
| > 500.00 – 1,000.00 | 0.50 | |
| > 1,000.00 – 2,000.00 | 1.00 | |
| > 2,000.00 – 5,000.00 | 2.00 | |
| > 5,000.00 – 9,995.00 | 5.00 | |
| Singapore/Hong Kong Time (Mon – Fri) |
Half Day opening | 02.15pm – 04.30pm |
| Full Day Session | 04.15pm – 06.30pm |
Trades done through the Pre-IPO trading channel follow the regular settlement cycle of Hong Kong. For orders done during the Pre-IPO trading session, trade date will be the listing day of the counter and will likewise be eligible for any contract amalgamation and contra.
| Settlement Date2 | T+2 market days |
| Settlement Currency | HKD or SGD |
| Order Amalgamation | Yes (Conditions for Amalgamation) |
| Contra Trading | Yes |
| CPF settlement | No |
Note: Payment methods for trades done through Pre-IPO trading channel.
| Date of Pre-IPO Trading | Name | Stock Code | IPO Price | Pre-IPO Trading Closing Price |
| 6 Jun 2018 | Affluent Foundation Holdings Limited | 1757 | HKD0.34 | HKD0.365 |
| 11 Jun 2018 | Dowway Holdings Limited | 8403 | HKD0.14 | HKD0.148 |
| 14 Jun 2018 | Huifu Payment Limited | 1806 | HKD7.50 | HKD6.89 |
| 14 Jun 2018 | Republic Healthcare Limited | 8357 | HKD0.60 | HKD0.64 |
| 20 Jun 2018 | VCredit Holdings Limited | 2003 | HKD20.00 | HKD20.20 |
| 25 Jun 2018 | Jiangxi Bank Co., Ltd. | 1916 | HKD6.39 | HKD6.00 |
| 26 Jun 2018 | Shineroad International Holdings Limited | 1587 | HKD0.75 | HKD0.70 |
| 26 Jun 2018 | Shanshan Brand Management Company Limited | 1749 | HKD3.78 | HKD4.32 |
| 26 Jun 2018 | Grace Wine Holdings Limited | 8146 | HKD0.35 | HKD0.405 |
| 27 Jun 2018 | CTEH Inc. | 1620 | HKD0.36 | HKD0.42 |
| 28 Jun 2018 | Wise Talent Information Technology Co., Ltd | 6100 | HKD33.00 | HKD30.20 |
| 3 Jul 2018 | Anchorstone Holdings Limited | 1592 | HKD0.40 | HKD0.365 |
| 3 Jul 2018 | Tong Kee (Holding) Limited | 8305 | HKD0.30 | HKD0.325 |
| 4 Jul 2018 | Steve Leung Design Group Limited | 2262 | HKD0.88 | HKD1.06 |
| 5 Jul 2018 | China Isotope & Radiation Corporation | 1763 | HKD21.60 | HKD19.86 |
| 6 Jul 2018 | Xiaomi Corporation | 1810 | HKD17.00 | HKD16.10 |
| 6 Jul 2018 | ZIYUANYUAN HOLDINGS GROUP LIMITED | 8223 | HKD0.76 | HKD1.43 |
| 9 Jul 2018 | Bank of Jiujiang Co., Ltd. | 6190 | HKD10.60 | HKD10.64 |
| 9 Jul 2018 | Ocean Line Port Development Limited | 8502 | HKD0.38 | HKD0.385 |
| 10 Jul 2018 | Fusen Pharmaceutical Company Limited | 1652 | HKD2.08 | HKD2.42 |
| 10 Jul 2018 | Man Shun Group (Holdings) Limited | 1746 | HKD0.52 | HKD0.51 |
| 11 Jul 2018 | Qeeka Home (Cayman) Inc. | 1739 | HKD4.85 | HKD4.85 |
| 11 Jul 2018 | Tianli Education International Limited | 1773 | HKD2.66 | HKD3.02 |
| 11 Jul 2018 | Inke Limited | 3700 | HKD3.85 | HKD4.01 |
| 11 Jul 2018 | BOSA TECHNOLOGY HOLDINGS LIMITED | 8140 | HKD0.30 | HKD0.495 |
| 11 Jul 2018 | FingerTango Inc. | 6860 | HKD2.07 | HKD2.08 |
| 11 Jul 2018 | Hanvey Group Holdings Limited | 8219 | HKD0.25 | HKD0.33 |
| 11 Jul 2018 | Intron Technology Holdings Limited | 1760 | HKD2.90 | HKD3.06 |
| 11 Jul 2018 | Redsun Properties Group Limited | 1996 | HKD2.28 | HKD2.47 |
| 12 Jul 2018 | Prosperous Industrial (Holdings) Limited | 1731 | HKD0.89 | HKD0.91 |
| 12 Jul 2018 | 51 CREDIT CARD INC. | 2051 | HKD8.50 | HKD8.90 |
| 12 Jul 2018 | BExcellent Group Holdings Limited | 1775 | HKD1.08 | HKD1.33 |
| 13 Jul 2018 | Hingtex Holdings Limited | 1968 | HKD1.12 | HKD1.72 |
| 13 Jul 2018 | FSM Holdings Limited | 1721 | HKD0.53 | HKD0.63 |
| 13 Jul 2018 | MIJI International Holdings Limited | 1715 | HKD0.30 | HKD0.305 |
| 13 Jul 2018 | Victory Securities (Holdings) Company Limited | 8540 | HKD1.25 | HKD1.35 |
| 13 Jul 2018 | Kinetix Systems Holdings Limited | 8606 | HKD0.30 | HKD0.48 |
| 17 Jul 2018 | 7Road Holdings Limited | 797 | HKD1.50 | HKD1.53 |
| 17 Jul 2018 | Pacific Legend Group Limited | 8547 | HKD0.30 | HKD0.60 |
| 17 Jul 2018 | Kinergy Corporation Ltd. | 3302 | HKD1.17 | HKD1.23 |
| 17 Jul 2018 | Byleasing Holdings Limited | 8525 | HKD1.28 | HKD1.86 |
| 18 Jul 2018 | Qilu Expressway Company Limited | 1576 | HKD2.50 | HKD2.53 |
| 18 Jul 2018 | Hyfusin Group Holdings Limited | 8512 | HKD0.295 | HKD0.45 |
| 19 Jul 2018 | E-House (China) Enterprise Holdings Limited | 2048 | HKD14.38 | HKD13.90 |
| 30 Jul 2018 | Bojun Education Company Limited | 1758 | HKD2.36 | HKD2.82 |
| 31 Jul 2018 | Ascletis Pharma Inc. | 1672 | HKD14.00 | HKD14.18 |
| 2 Aug 2018 | Hope Education Group Co., Ltd | 1765 | HKD1.92 | HKD1.81 |
| 7 Aug 2018 | China Tower Corporation Limited | 788 | HKD1.26 | HKD1.25 |
| 7 Aug 2018 | BeiGene, Ltd | 6160 | HKD108.00 | HKD105.60 |
| 10 Aug 2018 | K Group Holdings Limited | 8475 | HKD0.72 | HKD0.74 |
| 15 Aug 2018 | ETERNITY TECHNOLOGY HOLDINGS LIMITED | 1725 | HKD1.75 | HKD1.57 |
| 21 Aug 2018 | Golden Ponder Holdings Limited | 1783 | HKD0.55 | HKD0.49 |
| 24 Aug 2018 | DLC Asia Limited | 8210 | HKD0.255 | HKD0.248 |
| 4 Sept 2018 | Wan Leader International Limited | 8482 | HKD0.25 | HKD0.27 |
| 6 Sept 2018 | Eggriculture Foods Ltd. | 8609 | HKD0.50 | HKD0.465 |
| 7 Sept 2018 | AB Builders Group Limited | 1615 | HKD0.67 | HKD0.67 |
| 12 Sept 2018 | Boltek Holdings Limited | 8601 | HKD0.40 | HKD0.40 |
| 12 Sept 2018 | China Chunlai Education Group Co., Ltd. | 1969 | HKD2.08 | HKD1.97 |
| 13 Sept 2018 | Hua Medicine | 2552 | HKD8.28 | HKD8.20 |
| 13 Sept 2018 | Innovax Holdings Limited | 2680 | HKD1.80 | HKD1.41 |
| 14 Sept 2018 | WAC Holdings Limited | 8619 | HKD0.20 | HKD0.335 |
| 19 Sept 2018 | Meituan Dianping | 3690 | HKD69.00 | HKD71.50 |
| 24 Sept 2018 | XIN YUAN ENTERPRISES GROUP LIMITED | 1748 | HKD1.50 | HKD1.80 |
| 24 Sept 2018 | Haidilao International Holding Ltd. | 6862 | HKD17.80 | HKD19.26 |
| 26 Sept 2018 | HK Asia Holdings Limited | 1723 | HKD1.00 | HKD1.68 |
| 26 Sept 2018 | China Renaissance Holdings Limited | 1911 | HKD31.80 | HKD32.00 |
| 27 Sept 2018 | Shandong Gold Mining Co., Ltd. | 1787 | HKD14.70 | HKD14.76 |
| 27 Sept 2018 | TradeGo FinTech Limited | 8017 | HKD0.64 | HKD0.66 |
| 3 Oct 2018 | Sun Cheong Creative Development Holdings Limited | 1781 | HKD1.10 | HKD1.18 |
| 5 Oct 2018 | LEFT FIELD PRINTING GROUP LIMITED | 1540 | HKD1.00 | HKD0.98 |
| 8 Oct 2018 | Prinx Chengshan (Cayman) Holding Limited | 1809 | HKD5.89 | HKD5.89 |
| 10 Oct 2018 | Ganfeng Lithium Co., Ltd. | 1772 | HKD16.50 | HKD16.06 |
| 10 Oct 2018 | Tokyo Chuo Auction Holdings Limited | 1939 | HKD1.50 | HKD1.50 |
| 10 Oct 2018 | Midea Real Estate Holding Limited | 3990 | HKD17.00 | HKD16.60 |
| 10 Oct 2018 | DaFa Properties Group Limited | 6111 | HKD4.20 | HKD4.17 |
| 11 Oct 2018 | Hang Yick Holdings Company Limited | 1894 | HKD0.85 | HKD0.72 |
| 11 Oct 2018 | KOS International Holdings Limited | 8042 | HKD0.30 | HKD0.218 |
| 12 Oct 2018 | Fameglow Holdings Limited | 8603 | HKD0.28 | HKD0.385 |
| 12 Oct 2018 | Grand Talents Group Holdings Limited | 8516 | HKD0.40 | HKD0.53 |
| 15 Oct 2018 | Shing Chi Holdings Limited | 1741 | HKD0.625 | HKD0.62 |
| 15 Oct 2018 | Oriental Payment Group Holdings Limited | 8613 | HKD0.22 | HKD0.305 |
| 18 Oct 2018 | MOS House Group Limited | 1653 | HKD0.19 | HKD0.315 |
| 18 Oct 2018 | Sterling Group Holdings Limited | 1825 | HKD0.40 | HKD0.40 |
| 19 Oct 2018 | Mindtell Technology Limited | 8611 | HKD0.62 | HKD0.87 |
| 29 Oct 2018 | Fullwealth Construction Holdings Company Limited | 1034 | HKD0.32 | HKD0.325 |
| 30 Oct 2018 | Innovent Biologics, Inc. | 1801 | HKD13.98 | HKD14.10 |
| 2 Nov 2018 | Dragon Mining Limited | 1712 | HKD2.03 | HKD2.20 |
| 5 Nov 2018 | Xinchengyue Holdings Limited | 1755 | HKD2.90 | HKD2.97 |
| 6 Nov 2018 | Hon Corporation Limited | 8259 | HKD0.50 | HKD0.66 |
| 9 Nov 2018 | Ever Reach Group (Holdings) Company Limited | 3616 | HKD1.24 | HKD1.11 |
| 12 Nov 2018 | Shanghai Realway Capital Assets Management Co., Ltd. | 1835 | HKD5.00 | HKD5.10 |
| 16 Nov 2018 | Watts International Maritime Engineering Limited | 2258 | HKD1.22 | HKD1.28 |
| 16 Nov 2018 | KangLi International Holdings Limited | 6890 | HKD1.02 | HKD1.01 |
| 23 Nov 2018 | Tongcheng-Elong Holdings Limited | 780 | HKD9.80 | HKD11.34 |
| 26 Nov 2018 | BabyTree Group | 1761 | HKD6.80 | HKD7.18 |
| 28 Nov 2018 | TIL Enviro Limited | 1790 | HKD0.58 | HKD0.59 |
| 5 Dec 2018 | iDreamSky Technology Holdings Limited | 1119 | HKD6.60 | HKD6.88 |
| 5 Dec 2018 | Kaisa Property Holdings Limited | 2168 | HKD9.38 | HKD9.17 |
| 5 Dec 2018 | Yancoal Australia Ltd | 3668 | HKD23.48 | HKD22.75 |
| 10 Dec 2018 | Creative Enterprise Holdings Limited | 3992 | HKD1.00 | HKD0.81 |
| 11 Dec 2018 | Perennial Energy Holdings Limited | 2798 | HKD0.68 | HKD0.64 |
| 11 Dec 2018 | Natural Food International Holding Limited | 1837 | HKD1.62 | HKD1.54 |
| 11 Dec 2018 | Mobvista Inc. | 1860 | HKD4.00 | HKD3.72 |
| 11 Dec 2018 | Metropolis Capital Holdings Limited | 8621 | HKD0.39 | HKD0.65 |
| 12 Dec 2018 | Huakang Biomedical Holdings Company Limited | 8622 | HKD0.50 | HKD0.51 |
| 12 Dec 2018 | WuXi AppTec Co., Ltd. | 2359 | HKD68.00 | HKD63.80 |
| 13 Dec 2018 | Fosun Tourism Group | 1992 | HKD15.60 | HKD15.60 |
| 14 Dec 2018 | Luzhou City Commercial Bank Co., Ltd. | 1983 | HKD3.18 | HKD3.19 |
| 14 Dec 2018 | Ever Sunshine Lifestyle Services Group Limited | 1995 | HKD1.78 | HKD1.75 |
| 18 Dec 2018 | AsiaInfo Technologies Limited | 1675 | HKD10.50 | HKD10.38 |
| 19 Dec 2018 | Million Cities Holdings Limited | 2892 | HKD1.20 | HKD1.25 |
| 20 Dec 2018 | WANKA ONLINE INC. | 1762 | HKD3.56 | HKD3.79 |
| 20 Dec 2018 | Pacific Millennium Packaging Group Corporation | 1820 | HKD3.98 | HKD4.05 |
| 21 Dec 2018 | Shanghai Junshi Biosciences Co., Ltd. – B | 1877 | HKD19.38 | HKD23.10 |
| 24 Dec 2018 | China Beststudy Education Group | 3978 | HKD2.40 | HKD2.40 |
| 27 Dec 2018 | Sichuan Energy Investment Development Co., Ltd. | 1713 | HKD1.77 | HKD1.77 |
| 27 Dec 2018 | Sino Gas Holdings Group Limited | 1759 | HKD2.80 | HKD2.83 |
| 28 Dec 2018 | Yield Go Holdings Ltd. | 1796 | HKD1.05 | HKD0.86 |
| 2 Jan 2019 | Weigang Environmental Technology Holding Group Limited | 1845 | HKD0.88 | HKD0.89 |
| 3 Jan 2019 | Zhejiang Cangnan Instrument Group Company Limited | 1743 | HKD15.80 | HKD15.64 |
| 7 Jan 2019 | Sun Kong Holdings Limited | 8631 | HKD0.60 | HKD0.60 |
| 10 Jan 2019 | Best Mart 360 Holdings Limited | 2360 | HKD1.00 | HKD1.28 |
| 10 Jan 2019 | Peiport Holdings Ltd. | 2885 | HKD1.25 | HKD1.27 |
| 11 Jan 2019 | TS Wonders Holding Limited | 1767 | HKD0.50 | HKD0.61 |
| 14 Jan 2019 | Chengdu Expressway Co., Ltd. | 1785 | HKD2.20 | HKD2.18 |
| 14 Jan 2019 | WEIMOB INC. | 2013 | HKD2.80 | HKD3.20 |
| 14 Jan 2019 | China Tianrui Automotive Interiors Co., Ltd | 6162 | HKD0.25 | HKD0.255 |
| 17 Jan 2019 | China Gingko Education Group Company Limited | 1851 | HKD1.44 | HKD1.44 |
| 24 Jan 2019 | China Kepei Education Group Limited | 1890 | HKD2.48 | HKD2.49 |
| 1 Feb 2019 | Maoyan Entertainment | 1896 | HKD14.80 | HKD15.04 |
| 14 Feb 2019 | Palace Banquet | 1703 | HKD0.50 | HKD0.52 |
| 18 Feb 2019 | EBroker Group | 8036 | HKD0.28 | HKD0.37 |
| 25 Feb 2019 | Dexin China Holdings Company Limited | 2019 | ||
| 25 Feb 2019 | CStone Pharmaceuticals | 2616 | ||
| 25 Feb 2019 | Narnia (Hong Kong) Group Company Limited | 8607 | ||
| 26 Feb 2019 | Wecon Holdings Limited | 1793 | ||
| 27 Feb 2019 | KNT Holdings Limited | 1025 | ||
| 27 Feb 2019 | Guan Chao Holdings Limited | 1872 | ||
| 5 Mar 2019 | Yincheng International Holding Co., Ltd. | 1902 | ||
| 5 Mar 2019 | K2 F&B HOLDINGS LIMITED | 2108 |
Note: Please note that upcoming Pre-IPO dates are indicative only and may be subjected to change.
For more information, please contact us.
2019
| Month | Day | Date | Holidays | Settlement | Trading Day |
| January | Tuesday | 01 January | New Year’s Day | No | No |
| February |
Monday | 04 February | Lunar New Year’s Eve | No | Partial |
| Tuesday | 05 February | Lunar New Year | No | No | |
| Wednesday | 06 February | Lunar New Year | No | No | |
| Thursday | 07 February | Lunar New Year | No | No | |
| April | Friday | 05 April | Ching Ming Festival | No | No |
| Friday | 19 April | Good Friday | No | No | |
| Monday | 22 April | Easter Monday | No | No | |
| May | Wednesday | 01 May | Labour Day | No | No |
| Monday | 13 May | Buddha’s Birthday | No | No | |
| June | Friday | 07 June | Tuen Ng Festival | No | No |
| July | Monday | 01 July | Sar Establishment Day (hk) | No | No |
| October | Tuesday | 01 October | National Day (obs) | No | No |
| Monday | 07 October | Chung Yeung Festival | No | No | |
| December | Tuesday | 24 December | Christmas Eve Obs-halfday | No | Partial |
| Wednesday | 25 December | Christmas Day | No | No | |
| Thursday | 26 December | Christmas Holiday (obs) | No | No | |
| Tuesday | 31 December | New Years Eve-early Close | No | Partial |
Note: Information is correct at time of posting (7 June 2018)
Should the due date coincide with a:
a) Singapore public holiday – The due date will follow the traded market’s due date.
b) Hong Kong public holiday – The due date will be the following market day
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