The IPO settlement timetable under FINI, where T is the pricing date and T+2 is the first trading day. In the typical timetable the public offer runs from 9:00 on T-4 to 12:00 noon on T-1, pre-funding is confirmed from noon to 17:30 on T-1, pricing and balloting and public offer money settlement happen on T, allotment results are announced on T+1, and trading starts on T+2. Basis: HKEX FINI Information Pack.
The links above lead to official sources such as HKEX and the SFC. The explanation on this site summarises them and may differ from the official definition; the official documents prevail.
This page explains the HK IPO term "T+2 IPO Timetable" and links to related terms. Definitions are compiled from HKEX Practice Note 18 and the Listing Rules, for understanding subscription rules only — not investment advice.
