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Green Retail Bond Subscription by BOCHK: There is a chance to receive at least 4 lots per person

2022-05-06T10:57:04.423Z


The government's green retail bond is up for subscription today (6th), and the public has responded enthusiastically. BOCHK: Subscriptions through electronic channels accounted for 80% Zhou Guo, Deputy General Manager, Personal Digital Financial Products Department, BOCHK


The government's green retail bond is up for subscription today (6th), and the public has responded enthusiastically.

BOCHK: 80% of subscriptions through electronic channels

Zhou Guochang, deputy general manager of BOCHK's Personal Digital Financial Products Department, said that the green retail bond subscription response was satisfactory, and it is expected to record over-subscription, and there is a chance that each person will receive at least 4 lots.

80% of BOCHK customers subscribed through electronic channels, and the average online subscription was 7 lots.

Bright Talent: The maximum number of shares to be subscribed is 80 lots

Xu Yibin, Executive Director and Chief Executive Officer of Bright Talent Securities, said that Bright Talent Securities had more than 65,000 green bond subscribers, with an average subscription of 5 to 7 lots; the total subscription amount was nearly 3.8 billion yuan, and the maximum number of shares subscribed was 80 lots.

Xu Yibin continued that investors responded enthusiastically because the Hong Kong stock market continued to be unsettled, and the subscription and trading procedures were similar to IBOND.

Futu: 80,000 applications received

Futu Securities International (Hong Kong) announced that as of 5:00 pm today (5th), a total of 80,000 applications have been received, and the market response has been enthusiastic, which has led to an increase in the number of account opening and returnees. The results exceeded expectations and recorded HK$3.82 billion in subscription Amount, 5 lots are subscribed per person, and the maximum subscription amount is 600 lots.

ICBC (Asia): The average subscription amount is 90,000 yuan

The total subscription amount and number of ICBC (Asia) green retail bonds this time are similar to the response of the eighth batch of iBonds last year. The maximum subscription amount is 5 million yuan (500 lots), and the average subscription amount is 90,000 yuan (9 lots).

Customers also responded to the government's concept of green finance and subscribed through electronic channels. The proportion of electronic subscriptions was as high as 80%, a significant increase compared to the past.

The bank's overall sales were in line with expectations and performed well.

Yin Kefeng, Deputy General Manager of ICBC (Asia) Retail Business and Wealth Management Department, said that although the U.S. Federal Reserve's recent interest rate hike has the opportunity to reduce public demand for green retail bonds and affect secondary market prices, the investment market is relatively volatile. As a defensive asset allocation tool for investors, green retail bonds have a minimum interest rate of 2.5% and pay dividends once every six months. The return is stable, and it is still attractive to most citizens.

If investors choose to hold for a long time, they will not be affected by short-term price fluctuations.

It is estimated that the subscription of green retail bonds this time will be as enthusiastic as the market expects.

CNCBI: The average subscription amount is about 80,000 yuan

The average subscription amount for the green retail bonds received by China CITIC Bank (International) is approximately RMB 80,000, and the maximum subscription amount is RMB 1,000,000.

Source: hk1

All news articles on 2022-05-06

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