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Green Bond 2022 Subscription Guide | Enjoy 8 Fees Waived with SoFi!

Green Bond 2022 Subscription Guide | Enjoy 8 Fees Waived with SoFi!

Great news! SoFi members can apply for Green Bond (Stock code: 04252) using the eIPO feature in the SoFi app starting from 26 April, 2022. 

The HK Government guarantees a minimum payment of 2.5% interest rate with a maximum issuance size up to HK$20 billion. Minimum investment amount is HK$10,000 per lot.

And even better news? We are making it completely FREE by waiving all the following fees. 

Keep reading to get an overview of the things to know before applying, understand key dates of the subscription period, and get a guide on how to apply through SoFi’s app. 

SoFi Hong Kong Promotion: Enjoy 8 Fee Waivers

SoFi Hong Kong Promotion
Enjoy 8 Fee Waivers!  Subscription Fee
Expiration Renewal Fee
Handling Fee
Dividend Collection Fee
SI Deposit Fee
Brokerage Fee
Custody Fee
Transaction Commission
Things to know about Green Bond 2022 Subscription  Minimum Investment: HK$10,000 per Lot 
Subscription Requirement: Aged 18 or above and HKID holder
Target Issue Amount: HK$15 billion. Depending on investor demand, this may be increased to a maximum of HK$20 billion.
Tenure: 3 years
Interest: Paid once every six months at a rate linked to inflation in Hong Kong, subject to a minimum rate of 2.5%
Distribution Method: Circular distribution
Secondary Market Trading: Available
Green Bond Subscription Period
SoFi Application Start Date: 9am, 26 April, 2022
SoFi Application Deadline: 9am, 5 May, 2022
Targeted Issue Date: 18 May 2022 
Targeted Listing Date: 19 May 2022

If you are interested in subscribing to Green Bond, you can enjoy a $0 IPO application fee as long as you become a SoFi member. Our monthly platform fee of HK$30 already includes Stock Trading, Auto Invest, and SoFi Social! Open an account now.

For existing members, don’t forget to deposit funds into your account ahead of time. You can also earn SoFi points while you’re at it!

Deposit tips: If you submit your deposit request and upload transaction proof correctly in-app by 11am, the deposit will usually be available by 3pm that day. If you submit your request between 11am – 4pm, you will be able to see the fund balance at around 8pm the same day. Valid on business days only. 

SoFi Points*: Deposit HK$15,000 = 10 Points / Deposit HK$30,000 = 20 Points / Deposit HK$60,000 = 45 Points

How to Apply for Green Bond 2022 on SoFi app?  1 Go to the search page.
2 Select Green Bond 2022.
3 Review IPO details and prospectus then click [Apply].
4 Select the quantity you would like to apply for, agree to the eIPO Terms of Use, and finally click [Confirm].
5 Review details then click [Submit].
6 Application submitted!

To learn more about Green Bond, please visit the Government’s Green Bond Programme website for more details.

*Terms and conditions apply. For more information, visit SoFi’s website.

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About SoFi Hong Kong

About SoFi Hong Kong

SoFi – Invest. Simple.

 

SoFi Hong Kong is the All-in-One Super App with stock trading, robo advisor and social features. Trade over 15,000 US and Hong Kong stocks in our SoFi App now.