2023's average gain exceeds 60%, how to subscribe Malaysia IPO on moomoo?
An IPO, or Initial Public Offering, is when a company offers its shares to the public for the first time through a stock exchange. In 2023, the average increase in share prices for IPOs was a remarkable 62.4%, with seven companies more than doubling their debut price.
In 2024, the trend persists, with seven new offerings by March 21st, all recording an average initial surge of 18%. $KJTS(0293.MY$ led the pack with an 85% surge. Although the 2024 IPOs haven't soared as high as in 2023 on their first day, only one fell below its issue price, suggesting a healthier market.
This vibrant IPO market spells good news for investors. In upbeat conditions, new stocks often face less pressure to sell right after listing, potentially performing better than expected.
Moomoo is currently providing a time-limited waiver on the application fee!![]()
Follow 4 easy steps to sign up for a Malaysian IPO through moomoo.
Step 1: Open a CDS Account
Step 2: Accessing the IPO Portal
Step 3: Submitting an IPO Application
Step 4: Result Notification
How do we navigate stock selection for Malaysian IPOs? It boils down to three critical elements: company fundamentals, valuation, and market sentiment. Learn more here>>
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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IchimokuCloudTrader : Very exciting news! Will I be in Bumi allocation automatically as I cannot see the option to select.
101550592 :
EJAY28 : @Moomoo Learn Hello, just want to ask ya until when the opening IPO account promotion ends ?
104671293 DW : Find it very user friendly and easy for an IPO subscription via Moomoo MY Apps among the so many trading platform.
I have chosen to subscribed for Kucingko for it huge potential business growth in the animation industry both internationally and locally. Gogogo Kucingko!...
Moomoo Learn OP EJAY28 : The IPO promotion begins on 12 June 2024 and continues until further notice. Stay turned with us!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")