@Moomoo Buddy：Dear client, a CDS Account-IPO is necessary to participate in Malaysia IPO subscriptions. To open an CDS Account-IPO, please follow the steps in the moomoo app, go to [Accounts] - [More] - [CDS Account-IPO]. You can find the “subscribe” button via [Accounts]-[Universal Account] - [More] - [IPO] - [Available] once your CDS account-IPO is ready. Thank you.