Subscribing New Shares

In the age of digitalisation in financial services, the subscription process for new shares has been completely digitised.

Investors generally have two options for subscribing to the Initial Public Offerings (IPOs): the share registrar's white form eIPO or Hong Kong Securities Clearing Company Limited's EIPO (HKSCC EIPO) service.

• White form eIPO
  Investors submit a subscription application via the electronic subscription channel specified by the share registrar, e.g. the designated website. If the application is successful, they will receive the new shares issued in their own name.

• HKSCC EIPO
  Investors instruct their intermediary to apply for share subscriptions through the HKSCC’s FINI system. If the application is successful, the new shares will be issued in the name of HKSCC Nominees and credited to a stock account established by the investor’s designated intermediary within the HKSCC system.

• Duplicate applications will be rejected
  Investors can only submit one application under their name (including joint application). Multiple applications will be rejected.

• Take note of the application deadline
  Investors should keep in mind the application deadline. If investors want to instruct their intermediary to make a subscription application through HKSCC EIPO, they should contact their intermediary to enquire about the relevant procedures and the deadline. Certain intermediaries may have earlier deadlines.

• How to apply for Hong Kong Public Offer Shares
  If investors are interested in subscribing to IPO, they should refer to the “How to Apply for Hong Kong Offer Shares” section of the company’s prospectus for the detailed arrangements and procedures.