FUTU HK Help Center-What happens to the orders if the IPO is delayed or cancelled
English
Back
Open Account
Clear
All
Quotes
News
Learn
Help
All
HK
US
CN
SG
AU
JP
All
News
Announcements
Reports
No matches yet
Operations too frequent. Please try again later.
Please check network settings and try again Refresh Refresh
Loading
History record
    Latest News
      Quotes More
      News More
      Learn More
      Help More
      Loading
      News More
      Announcements More
      Reports More

      What happens to the orders if the IPO is delayed or cancelled

      1. Delisting

      All transactions of the IPO will be canceled and considered invalid. Any funds (including fees and commissions) or shares deducted in the pre-IPO market trading will generally be returned to the client's account within one trading day after the delisting.


      2. Delay in listing

      Pre-market delayed listing: the cancellation of the pre-IPO market session will be delayed to the trading day before the latest listing day.

      Intraday delayed listing: orders that have been filled are considered valid and will be settled normally at L+2, while unfilled orders will be canceled.

      After-hours delayed listing: reserve the filled orders

      Note: L is Listing Day, L+2 means the second trading day after the listing day


      3. Modification clauses and rules

      Changes to the clauses and conditions of the IPO will not affect FUTU's pre-IPO market unless the changes result in the cancellation and the postponement of listing.

      Trading arrangements during typhoons and black rainstorms:

      Typhoon Signal No. 8 or above / Black Rainstorm Warning:

      1) Dismissal of signal/warning before 12:00 noon: pre-IPO market trading will start as usual at 4:15 p.m.(2:15 p.m. for half-day trading).

      2) Dismissal of signal/warning after 12:00 noon: trading will be stopped all day.

      3) Dismissal of signal/warning during the pre-IPOtrading hours: pre-IPOtrading will continue as usual until 6:30 p.m.(4:30 p.m. for half-day trading).