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Hong Kong IPO timetable under FINI (T+2)

Under FINI, "T" is the pricing date. Typical timetable (Hong Kong time):

StepTime
Public offer subscriptionT-4 09:00 to T-1 12:00 noon
Pricing deadlineT 12:00 noon
Ballotingby T 12:00 noon
Public offer money settlementT 12:00 to 17:30
Start of tradingT+2 09:00

Brokers usually close applications earlier than T-1 noon. Follow your broker's notice.

Sources: HKEX "FINI Information Pack" (typical T+2 timetable); HKEX news release, 27 Sep 2023.
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