Read the US stock market market and Moomoo's subscription strategy in one article
What is the opening of new US stocks?
Before the company is officially listed in the US, investors pre-purchase IPO shares by participating in the IPO subscription. Once they win, they will buy a certain amount of shares at the issue price of the new stock.
Recent IPO cases:
Preparation before subscribing
Moomoo users need to complete a securities account and complete the instructions to subscribe for US stocks to complete the IPO.
*The time here is for reference only. Account opening and deposit delivery times will be affected by factors such as audits
IPO subscription
(1) Entering the IPO Center
On the [Market] page, select [Market] - [US Stock] and click [IPO Center] to enter.
(2) Check IPOs
In the IPO Center, select the “Available Subscriptions” page to view the US IPOs currently available for subscription. Click [Subscribe].
(3) Complete risk assessment
For customers who subscribe for new US stocks for the first time, they must complete a risk assessment to help you quickly learn and understand relevant knowledge and understanding
Associated risks.
(4) IPO page
After the risk assessment is completed, you will see the IPO information to be subscribed. You can click [Prospectus] to view the IPO prospectus information. Click [Subscribe] to continue to subscribe.
(5) Fill in subscription information
Go to the subscription page and see the “minimum number of subscriptions” of the IPO and your “purchasing power”
information. Enter the number of shares you have subscribed to, as shown in the example, and subscribe for 50 shares. Click “Confirm Submission”.
(6) Read the “Risk Warning”
(7) Successful subscription
Once you have successfully subscribed, you will see your subscription information. If you need to modify the subscription information, click “Unsubscribe” and submit again.
If you need to cancel, please do so before the expected end of the subscription period.
On the day of IPO listing
- When will the winning results be announced?
The winning results are usually announced on the day of listing. Please pay attention to system notifications and emails. Due to the tight allocation time for US stocks, it may not be possible to complete the distribution before the official transaction, and delays in showing the winning results are a normal phenomenon.
Customers who have already won a contract can go to the US stock account holdings to check the winning new shares. The specific actions are: [Open Moomoo] - [Trade] - [US Stock Account] - [View Positions]. Customers who have already won a contract can go to the US stock account holdings to check the winning new shares. The specific actions are: [Open Moomoo] - [Trade] - [US Stock Account] - [View Positions].
- When can I trade?
Timeline of US IPO trading on the first day of listing:
After the IPO opens at 9:30 EST, they will enter the on-site collective bidding stage. Online trading will not be possible during this period. Because the in-market process and collective bidding time vary, this stage usually lasts 1 hour or more. The time to start trading may be at any point in the intraday period, so you need to keep an eye out for yourself.
- What are the rules for allocating the new winning contracts for US stocks?
The introduction of new US stocks is an inclusive policy and the principle of weighting. In other words, while satisfying the opening of new retail investors as much as possible, customers who have subscribed to more shares will be easier to hit. Generally, the winning rate for new US stocks is around 60%-70%, which will fluctuate depending on how popular new stocks are.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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70657280 : How do I subscribe on the computer side?