US IPO Subscription Fees
Type | Charges | Supplements | Charged by |
Subscription fee |
| The subscription fee will be charged once the subscription is initiated. Currently, the subscription fee is exempted during promotional period. | Tiger |
Under FINRA RULE 5130/5131, the Restricted Persons will not be permitted to participate in the US IPO subscription.
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 | 0 | 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 |
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, a subscription fee will be charged when the application is approved.
Financing Subscription Interest: Daily Financing Interest Rate . Please kindly refer to the page of new shares subscribing.(Interest-free during the promotional period)
Transaction levy, Trading Fee and Brokerage Commission， FRC Transaction levy: Only charged when new stocks are allotted
Margin Interest
During HK IPO subscription, subscription funds must be settled in HKD. If HKD cash is insufficient at the time of deduction, or funds are held in money market funds, HKD borrowing may be incurred at the time of deduction, and corresponding HKD margin interest may be charged. .The actual financing amount and interest will be calculated based on actual usage and applicable interest rules, subject to final settlement.
IPO Leverage Financing Interest
represents the potential financing cost arising from the use of leverage in IPO subscription. During the promotional period, such interest is waived and no interest will be charged.
*NOTE: Please refer to HK Stocks-IPO Subscription for further reference.
*In case of any discrepancy between different language version, Chinese version shall prevail.
*In case of postponement or cancellation of listing,etc., the subscription fee(charged in cash subscription and financing subscription) and financing interest fee.
*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.