IPO News

Current offers for Stock IPO services (for selected stock IPO only)

Offer on IPO Nominees Services ─ Handling fee waiver (applicable to application via online channel only)

Terms and Conditions: From 27 Nov to 15 Dec 2009, subscribers for designated IPO shares through HSBC IPO Nominees Services via HSBC Internet Banking will enjoy the handling fee waiver. The offer does not include the 1% brokerage fee, the Securities and Futures Commission Transaction Levy, the Stock Exchange Trading Fee and other Bank charges on local securities services, which continue to be chargeable. In case of dispute, the decision of HSBC shall be final.

For eligibility on this offer and the designated IPO shares, please check with our staff or go to www.hsbc.com.hk/investment “IPO” section under the “Other products and tools” column for more details of individual stocks IPOs.

Stock IPO loan service - Flat interest rate at 1.38% p.a.

Terms and Conditions: The IPO loan service is available to HSBC Premier, PowerVantage and SmartVantage customers only. Customers who successfully apply for an IPO loan for designated stock IPO through HSBC IPO Nominees Services via HSBC Internet Banking*, Stock IPO subscription hotline 2269 2121*or branches* from 10 Dec to 14 Dec 2009 (or earlier as determined by the Bank without advance notice), will be eligible for a preferential loan interest rate of 1.38% per annum.
The preferential loan interest rate of 1.38% p.a. is applicable to loan amounts of HKD100,000 to HKD5,000,000. Please contact our branches for interest rate details for an IPO loan amounts over HKD5,000,000.

For eligibility on this offer, please check with our staff or refer to the subscription information for individual stocks in the eIPO Centre from the section of “IPO” under the “Other products & tools” at www.hsbc.com.hk/investment.

*Remark for Handling fee for Stock IPO subscription
For customers who subscribe to designated stock IPO through HSBC IPO Nominees Services, the handling fee for application made through HSBC Internet Banking is waived. The handling fee for IPO subscriptions made through Stock IPO Subscription hotline 2269 2121 or branches is HK$100. The handling fee does not include the 1% brokerage fee, the Securities and Futures Commission Transaction Levy, the Stock Exchange Trading Fee and other Bank charges on local securities services which continue to be chargeable.

In case of dispute, the decision of HSBC shall be final.

In the event of inconsistency between the English and Chinese versions of these terms and conditions, the English version shall apply and prevail.

Investment involves risks. Securities prices are subject to upward and downward adjustments and may become valueless. It is likely that losses will be incurred rather than profit made as a result of buying and selling securities.