ZA’s New Wealthtech Offering Democratises Retail Access to IPOs

ZA’s New Wealthtech Offering Democratises Retail Access to IPOs

by June 9, 2021

ZA International has announced the launch of a new integrated financial brand ZA One which offers the IPOGo service, enabling users to capture investment opportunities in initial public offerings (IPOs).

IPOGo focuses on capturing the growth of IPOs of Hong Kong-listed stocks, with a dedicated team of experts providing an all-in-one service from stock selection, subscription to selling.

Based on research and a quantitative model, the investment team identifies quality new stocks and sells them at the opportune moments after listing.




With calculation based on the frequency of new stock issuance and the minimum subscription amount, each user can maximise their annualised returns with a deposit of HKD 30,000.

The offering features zero platform charges and users do not have to pay any handling fees for unsuccessful IPO subscriptions.

The investment services of IPOGo are provided by ZA One’s founding partner AA Invest, which is regulated by the Hong Kong Securities and Futures Commission to carry out Types 1, 4 and 9 regulated activities.

The flagship service is available in the ZA One app.

Wayne Xu, President of ZA International and CEO of ZA Insure

Wayne Xu

Wayne Xu, President of ZA International said,

“We are excited to have IPOGo as the flagship offering of ZA One, creating an easy-to-use professional investment service for users.

 

We also look forward to making wealth management available with a few taps by introducing more services to ZA One.”

Alan Fung, CEO of AA Invest said,

“Past data shows that more than 500 new stocks were listed on the HKEX over the past 3 years while around two-thirds of retail investors managed to subscribe to IPOs, with the first-day surge reaching 14% on average.

 

This demonstrates the huge growth potential of the IPO market. IPOGo is entirely operated by investment experts, featuring professional, simple and fast services. From now on, users can spend the time studying new stocks on other things they like.”

 

Featured image: Wayne Xu, President of ZA International (left) and Alan Fung, CEO of AA Invest (right)