Hong Kong Pre-IPO Aus

What is Pre-IPO?

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.

Brokerage
  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.

Trading Details
Order Placement (Board lots) Via1) POEMS 2.0 or

2) Your designated Trading Representative
Common order rejection messages
  • Your orders may be rejected due to the following reasons:Incorrect price spread (please refer to minimum bid size table )
  • Price range beyond 20 bids
  • Order quantity exceeded 3,000 lots
  • Trading limit exceeded
  • Short sell
  • Stock suspended

 

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

 

Trading Hours
Singapore/Hong Kong Time
(Mon – Fri)		 Half Day opening 02.15pm – 04.30pm
Full Day Session 04.15pm – 06.30pm
Settlement

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.

 

Latest Hong Kong Pre-IPOs
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    
14 Jan 2019 WEIMOB INC. 2013    
14 Jan 2019 China Tianrui Automotive Interiors Co., Ltd 6162    
17 Jan 2019 China Gingko Education Group Company Limited 1851    

Note: Please note that upcoming Pre-IPO dates are indicative only and may be subjected to change.

For more information, please contact us.

Holidays (2019)

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