ZA International has introduced a new integrated financial brand, called ZA One, which provides the IPOGo service, allowing people to take advantage of lucrative investment opportunities in initial public offerings (IPOs) space.
IPOGo mainly focuses on capturing the significant growth of IPOs of Hong Kong-listed stocks, with a dedicated professional team offering an “all-in-one” or comprehensive service including stock selection, subscription, and selling.
The investment team conducts research and uses a quantitative model to identify high-potential new stocks and then sells them at the right time after listing.
The team says that its calculations are based on the frequency of new stock issuances and the minimum subscription amount. Each user has the chance to maximize their annual returns with a HKD 30,000 (appr. $3866) deposit.
The offering features zero platform charges and customers need not pay extra handling fees for IPO subscriptions that are not successful.
The IPOGo investment services are offered by ZA One’s partner AA Invest, which is regulated by the Hong Kong Securities and Futures Commission to conduct Types 1, 4 and 9 regulated financial and investment activities.
The flagship service is currently available via the ZA One app.
Wayne Xu, President of ZA International and CEO at ZA Insure, stated:
“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 at AA Invest, remarked:
“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.”