Valuable Capital License No.: AUL711｜Licensed by the Hong Kong SFC｜HKEX Participant (Certificate No.: P1797).

As subscription fees remain a key concern for IPO investors, Valuable Capital stands out with its “Zero Subscription Fee + Grey Market Trading + Generous Welcome Rewards” combo, making it a top choice for participating in Hong Kong IPOs.

If you're looking for a one-stop, cost-effective solution for Hong Kong IPO investing, this hands-on test and strategy guide is a must-read.

HK IPO Zero-Fee Test: How Much Can You Save on a HK$100,000 Subscription?

While many brokers claim low commissions, they still charge a HK$50–100 fee per IPO application. For frequent IPO participants, this cost quickly adds up.

Valuable Capital currently promises: Zero Subscription Fee for Hong Kong IPOs!

For example, with a popular biotech IPO:

One application saves = HK$500. Subscribe 20 times a year? That’s over HK$1,000 in savings!

Add in Valuable Capital’s 90-Day Commission-Free Trading Card (worth HK$7,000), and you get zero fees across the IPO-trading-arbitrage process.

Grey Market Trading Tips: Time It Right to Lock In Profits Before Listing

Many Hong Kong IPOs experience significant price movements during grey market trading (pre-listing). Knowing how grey trading works is essential to profiting early.

Grey Market Trading Hours:

• Platforms: Futu, Phillip Securities, Valuable Capital

• Time Slot: 16:15 - 18:30 on the Day Before Listing

Valuable Capital Grey Market Strategy:

[Biotech/Tech Stock Strategy]

• • Place a buy order slightly below the average market price about 1 hour before opening (around 17:30) — often a good chance to buy cheap.
  • Based on actual trading data, 7 out of the last 10 biotech IPOs opened 15%+ higher the next day. Grey market prices offer profit opportunities.

[Volume Indicator]

• • Monitor buy/sell orders in the first 15 minutes. If volume is concentrated and turnover high, it signals institutional activity — better odds for short-term traders.

Limited-Time Offer: June Welcome Rewards from Valuable Capital

To encourage new users to try IPO services, Valuable Capital is offering an incredible June welcome package:

Limited-Time Offer: Valuable Capital June Account Opening & Funding Bonus

To encourage new users to experience IPO subscription services, Valuable Capital has launched an exclusive welcome bundle for June:

Note: The above bonuses are only available via the designated application link. To claim, please make sure to register and open an account via this page.

Tip for existing users: Go to APP > Me > Enter Invitation Code — Use code: S6HA

Trusted & Regulated: Licensed Background + Verified by Users

Valuable Capital is a subsidiary of Sina Group and has been licensed by the Hong Kong SFC since 2010 (License No. AUL711), offering full licenses for HK/US stocks, futures, and asset management.

Client funds are safeguarded by licensed banks like Bank of China (Hong Kong) and covered by the Investor Compensation Fund, with a maximum payout of HK$500,000.

Seamless Process: Valuable Capital HK IPO Account Opening + Funding Guide

To subscribe to HK IPOs, you’ll need a safe, low-barrier brokerage account that supports IPO and pre-market trading. Valuable Capital makes it easy with a fully online application, multiple funding options, and professional Chinese customer support.

One-Stop Account Opening (Approved in as fast as 1 day)

As a licensed broker by the Hong Kong SFC (Central No. AUL711), Valuable Capital provides a fully digital account opening process. You don’t need to be in Hong Kong—just prepare your ID card and bank card:

1. Click to enter the designated fast application portal

2. Upload your ID (facial recognition supported)

3. Authenticate your bank card

4. Fill in personal info + sign agreements

5. Complete risk disclosure → Submit for approval (usually 1–2 business days). For urgent cases, call 400-788-1390.

Tip: If you see “Region Not Supported,” use the “Submit Other Broker Account Proof” workaround (see details: Valuable Capital Account Opening Guide).

Diverse Funding Channels to Meet Various Needs

• Mainland Bank Card Deposit: Cross-border remittance via UnionPay supported

• Hong Kong Bank Card Deposit: Real-time transfer via FPS or bank transfer

• Upload Existing Investment Account Proof: Mainland users must upload proof of investment account (including but not limited to daily/monthly statements, account opening docs, or asset proof documents with broker name, account number, account holder name, and date)

👉 Fund your account to instantly unlock welcome rewards (HK stock 90-day 0 commission, US stock/options 0 commission). Once funded, you're ready to subscribe to IPOs and pre-market trades.

FAQs

Q1: What documents are required to open an account with Valuable Capital?

Documents required for Mainland China users:

• Proof of investment account statement

  • The investment account must have been opened on or before February 29, 2024, with a non-Mainland China bank or brokerage;

  • Account types must include securities, futures, funds, bonds, or other investment-related accounts;

  • Supporting documents include but are not limited to account daily/monthly statements, account opening certificates, or asset proof, and must contain broker name, account number, account holder name, and date.

• Mainland China ID card

• Mainland China bank card

Documents required for Hong Kong users:

• Permanent Hong Kong residents

  • Permanent Hong Kong resident ID card

  • Hong Kong bank card

• Non-permanent Hong Kong residents

  • Non-permanent Hong Kong resident ID card

  • Valid travel document or ID issued by a national or government authority (must show nationality)

  • Hong Kong bank card

Documents required for Macao users:

• Permanent Macao residents

  • Permanent Macao resident ID card

  • Hong Kong bank card

• Non-permanent Macao residents

  • Non-permanent Macao resident ID card

  • Valid travel document or ID issued by a national or government authority (must show nationality)

  • Hong Kong bank card

Documents required for Taiwan users:

• Taiwan ID card or passport
• Hong Kong bank card

Documents required for residents of other overseas countries or regions:

• Passport
• Hong Kong bank card or a card issued by a qualified jurisdiction

• Qualified jurisdictions (currently 16): United States, United Kingdom, Australia, Austria, Belgium, Canada, Ireland, Israel, Italy, Malaysia, Norway, Portugal, Singapore, Spain, Sweden, Switzerland. Note: The list of qualified jurisdictions may be updated. For the latest information, please refer to the relevant page on the official website of the SFC (Securities and Futures Commission) of Hong Kong.

Q2: What should I do if my bank card verification fails when opening an account with Valuable Capital?

• Make sure the debit card is under your name, the card number and bank name are correctly entered, and the ID used for account opening matches the ID registered with Valuable Capital.
• Try again using a debit card from a major bank such as Bank of China, Agricultural Bank of China, ICBC, China Construction Bank, China Merchants Bank, or CITIC Bank.

Q3: What if there is an error in automatic ID recognition?

• Delete the uploaded image and re-upload a clear photo of your ID.
• If the issue persists, contact customer service for assistance.

Q4: What should I do if facial recognition fails?

• Re-upload a photo of your ID, ensuring there is no glare and the image fills the screen as much as possible.
• Ensure your face is clearly visible, looking straight at the camera, with no obstructions or glasses, and try to fill the screen as much as possible.

Q5: What if a Mainland China resident accidentally enters the account opening process for Hong Kong, Macao, Taiwan, or overseas users?

• Click this designated link to try switching to the Mainland account opening process.
• If the switch fails, contact the customer hotline:
  • Mainland: 400-788-1390
  • Hong Kong: +852-2508-4588
• Or get help from the online customer service.

Q6: What if a Hong Kong, Macao, Taiwan, or overseas user mistakenly enters the Mainland account opening process?

• Click this designated link to try switching to the Hong Kong online account opening process.
• If the switch fails, contact the customer hotline:
  • Mainland: 400-788-1390
  • Hong Kong: +852-2508-4588
• Or get help from the online customer service.

If you have more questions about opening an account with Valuable Capital, we recommend reading: How to Open an Account with Valuable Capital? Latest Online Guide (2025 Edition)

Conclusion | How Should New IPO Investors Choose a Broker?

For most newcomers to Hong Kong IPO investing, the ideal broker should meet the following criteria:

• Zero subscription fees: Directly reduces IPO cost—the more you subscribe, the more you save.

• Support for grey market trading: Allows you to rebalance or take profit before listing, giving you greater control.

• Licensed and secure platform: Check if it's a licensed broker with a compensation scheme and segregated accounts.

• Easy deposits & Chinese-language support: Lowers cross-border barriers and ensures timely assistance.

Valuable Capital is a top choice that checks all the boxes above, making it ideal for IPO investors seeking a "low-cost + high-success rate" strategy:

• Zero subscription fees + 90-day commission-free HK stock trading

• Stable grey market trading with advanced order strategies supported

• Backed by Sina + Licensed by Hong Kong SFC (CE No. AUL711)

• Multilingual support + active community with real user feedback

If you’re preparing to dive into the Hong Kong IPO market, consider starting by opening an account with Valuable Capital. Take advantage of the limited-time June welcome rewards (subscription coupons + commission card + free OXY shares) to launch your low-cost IPO strategy!

Don’t miss out—open an account and fund it before the June campaign ends to claim your newbie rewards package 👇

👉 [Open an Account Now · Enjoy Zero Fees + 90-Day Commission-Free Trading]