What happens to my money if I get zero or partial US e-IPO allocation, and can I still buy on the secondary market?
If you receive zero or partial allocation, the full or unused reserved amount is automatically returned to your USD Cash — no action needed on your part. If you still want exposure to the stock, once it's publicly tradable after listing you can buy it directly from that stock's Asset Detail Page (ADP), just like any other US Stock.
Key facts:
- Zero allocation: entire reserved amount returned to USD Cash automatically.
- Partial allocation: only the unused portion is returned; the rest funds your allotted shares.
- There's no dedicated IPO button for this — once the stock is trading publicly after listing, buy it from its Asset Detail Page in US Stocks.
- Buying from the Asset Detail Page is a standard market purchase, not a new IPO order.
Related questions:
Q: How long does it take to get my money back after zero allocation?
It's automatic and reflects in your USD Cash balance as soon as the allocation result is confirmed.
Q: Can I still invest in the company if I don't get an allocation?
Yes — once it's publicly tradable after listing, buy it directly from its Asset Detail Page in US Stocks.
Q: Do I need to place a new IPO order to buy on the secondary market?
No — it's a regular US Stocks market purchase, not an IPO order.